The 2005 current account deficit was revised down to $791.5b or so.The q1 2006 deficit was $208.7b -- down from $223.1b in q4.   We knew the trade balance improved a bit.  But the income balance also…

The standard discussion of the unbalanced world divies the world up into three: the US, Europe and Japan/ Asia.   And the standard discussion of global imbalances says all three need to do their part…

The best thing the Institute of International Finance does is put together data on private capital flows to emerging economies.They just released their estimates for net private flows to the set of e…