Most have abandoned their old exchange-rate pegs, are running large current-account surpluses, and have built up ample foreign-exchange reserves.
But is not a stronger yen and a weaker dollar just what is needed to reduce Japan's large current-account surplus and America's current-account deficit?
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Instead, many of Europe's weaker economies failed to reform and Germany accumulated gratifyingly large current-account surpluses.
Countries such as Turkey and Hungary have large current-account deficits that would make fiscal expansions risky.
High commodity prices have given Brazil a large current-account surplus for the past few years.
Notably, it had a large current-account deficit and a foreign-debt burden that was rising fast.
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Countries that need to finance large current-account deficits, notably Brazil and other Latin American economies, would suffer most.
So long as foreign investors favour American equities, then, its large current-account deficit will not drag down the dollar.
Emerging economies with large current-account deficits and high debt-service burdens are most vulnerable.
Turkey suffers from two other bugbears: inflation and a large current-account deficit.
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Like all of them it lost competitiveness in the good times, and like Portugal and Greece it ran persistent and large current-account deficits.
Some countries (Malaysia, South Korea) have uncomfortably large current-account deficits.
Hence, a large current-account deficit that fuels consumption (as in Mexico in the early 1990s) or a property-price bubble (as in Thailand until last year) may be a problem.
But as Mark Williams of Capital Economics says, central to Keynes's idea was that a tax be imposed on countries running large current-account surpluses, to encourage them to boost domestic demand.
Like Asia, many Latin economies have large current-account deficits.
Other economists, however, argue that America can sustain its large current-account deficit for at least another decade, without a sharp fall in the dollar, because it will be happily financed by China and other Asian countries.
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However, aluminum is compatible with current large-volume manufacturing facilities and body shops that would be expensive to overhaul.
Brazil's case is that notwithstanding weaknesses such as large fiscal and current-account deficits, it is being unfairly punished because of Russia's debt default.
The economy has been hurt by high interest rates and a weak external environment, which has led to a collapse in private investment, coupled with large fiscal and current-account deficits.
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The mind-boggling complexity of the current tax code helps large corporations with lawyers and accountants devise the best tax-avoidance strategies money can buy.
Another sign of trouble is the current large gap between short-term and long-term interest rates.
Large-scale electricity transmission usually uses alternating current, in which both current and voltage oscillate.
Its foreign-exchange reserves are now four times as large as its short-term foreign debt, and it has a current-account surplus.
It's also easy to overlook the damage inflicted on local ecosystems and economies -- a large portion of which are in the developing world -- as a consequence of current industrial-scale agriculture practices.
Other finds made beyond the large and well-preserved Al Magar dovetail with current Arabian passions.
Inflation is not wholly defeated, the current-account deficit is large and Turkey's competitiveness in manufacturing is a matter for concern.
Oil-exporting countries continue to run large and mounting current account surpluses.
Another worry is the current-account deficit, which is large and growing.
The large deficit in the U.S. current account -- the broadest measure of American trade with the rest of the world -- is also a cause for concern.
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