Bank of Canada Review, Winter 2003

The Bank of Canada published its Review for Winter 2003 on 19 February. The Review includes articles titled "The Comparative Growth of Goods and Services Prices" and "Current Account Imbalances: Some Key Issues for the Major Industrialized Economies".

The resurgence of sizable current account imbalances in the major economies in recent years, particularly the tripling of the U.S. deficit, has led to renewed academic and public discussions about their sustainability. In "Current Account Imbalances

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