近年来，美国经常项目逆差不断扩大，１９９７年为１２３０亿美元，１９９８年为２３００亿美元，１９９９年大有升攀到３０００亿美元的态势。这个现象引起世人广泛关注，因为这个数据背后有一系列因果关系。本文对此现象谈几点看法。一、美国经常项目变动已脱离了国际收支理 In recent years, the deficit in the U.S. current account has been steadily expanding. It was 123 billion U.S. dollars in 1997, 230 billion U.S. dollars in 1998 and more than 300 billion U.S. dollars in 1999. This phenomenon has aroused widespread concern around the world, because of the data behind a series of causal relationships. This article talked about this phenomenon several views. First, the changes in the current account of the United States have departed from the international balance of payments