NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

From World Banker to World Venture Capitalist: U.S. External Adjustment and the Exorbitant Privilege

Pierre-Olivier Gourinchas, Hélène Rey

Chapter in NBER book G7 Current Account Imbalances: Sustainability and Adjustment (2007), Richard H. Clarida, editor (p. 11 - 66)
Conference held June 1-2, 2005
Published in May 2007 by University of Chicago Press
© 2007 by the National Bureau of Economic Research

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This chapter first appeared as NBER working paper w11563, From World Banker to World Venture Capitalist: US External Adjustment and the Exorbitant Privilege, Pierre-Olivier Gourinchas, Hélène Rey
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