Current Account Sustainability : Selected East Asian and Latin American Experiences /

A number of developing countries have run large and persistent current account deficits in both the late seventies/early eighties and in the early nineties, raising the issue of whether these persistent imbalances are sustainable. This paper puts forward a notion of current account sustainability an...

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Detalles Bibliográficos
Autor Principal: Razin, Assaf
Outros autores: Milesi-Ferretti, Gian
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 1996.
Series:IMF Working Papers; Working Paper ; No. 1996/110
Acceso en liña:Full text available on IMF
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245 1 0 |a Current Account Sustainability :   |b Selected East Asian and Latin American Experiences /  |c Assaf Razin, Gian Milesi-Ferretti. 
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490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |a A number of developing countries have run large and persistent current account deficits in both the late seventies/early eighties and in the early nineties, raising the issue of whether these persistent imbalances are sustainable. This paper puts forward a notion of current account sustainability and compares the experience of three Latin American countries-Chile, Colombia Mexico-and three East Asian countries-Korea, Malaysia and Thailand. It identifies a number of potential sustainability indicators and discusses their usefulness in predicting external crises. 
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700 1 |a Milesi-Ferretti, Gian. 
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