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Global imbalances have been a central theme of the international economic policy debate for much of the last decade, prompted by large and sustained current account deficits in the U.S. and counterpart surpluses in China, Germany, and among many of the oil producers. This paper focuses on the current state of the external imbalance in China, examining the factors underlying the post-2008 drop in China’s current account surplus and analyzing the prospects for the external surplus going forward. The paper finds that China’s current account surplus should remain modest in the coming years. However, despite the fact that China’s medium-term current account is likely to stay below its pre-crisis range, it is too early to conclude that "rebalancing" has been truly achieved in China. While imbalances do not currently seem to be manifesting themselves as a feature of China’s external accounts, the evidence increasingly points to a rising domestic imbalance as growth becomes increasingly dependent on very high levels of investment.
Nov. 4 and 5 hearings were held in Chicago, Ill.; Dec. 5 and 6 hearings were held in Portland, Maine; Dec. 11-13 hearings were held in Pittsburgh, Pa.; Dec. 16-18 hearings were held in Philadelphia, Pa.; Dec. 27 and 28 hearings were held in Huntsville, Ala.; and Dec. 30 and 31 hearings were held in Mobile, Ala.
Medical Licensing and Discipline in America traces the evolution of the U.S. medical licensing system from its historical antecedents in the 18th and 19th century to its modern structure, emphasizing a focus on public accountability and the policies, guidelines and practices of medical boards. In doing so, the book underscores the role of the Federation of State Medical Boards in facilitating state-based licensure and discipline and the promotion of quality health care.
The life, time, and work of a renowned Albany potter comes vividly to life in these pages. Paul Cushman (1767-1833) is recognized today as one of the founders of a regional stoneware industry that stretched throughout the Upper Hudson Valley of New York State. When Cushman moved to Albany around 1800, local stoneware production was limited to a few potters. His decision to open a pottery works "half a mile west of the Albany Goal" at the beginning of the new century resulted in a long-lived and successful business. It also initiated a century of tremendous growth and expansion in regional stoneware manufacturing. The expert contributors to this volume reveal all that is currently known about the life and work of Paul Cushman, and place his business and pottery within broad and useful historical and aesthetic frameworks.