According to Goldstein, China's total current account surplus has ballooned from 1% of its gross domestic product in 2001 to 9% in 2006.

FORBES: China's Currency Problems

Wasteful discards are reckoned to account for a quarter of total catches under the current quota system.

BBC: Euro MPs back large-scale fishing reform to save stocks

The Indian government wants to curb imports of gold to try to help reduce the country's current account deficit, which hit a record 5.4% of total economic output between July and September last year.

BBC: India raises gold import tax to tackle trade deficit