Are African Current Account Deficits Different? : Stylized Facts, Transitory Shocks, and Decomposition Analysis /

This paper analyzes the behavior of current account deficits in Africa and estimates whether the deficits are excessive with respect to fundamentals. The findings are the deficits are (i) not very persistent; (ii) positively linked with domestic growth; (iii) strongly linked with public (and private...

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Detalhes bibliográficos
Autor principal: Zanforlin, Luisa
Outros Autores: Calderon, Cesar, Chong, Alberto
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2001.
coleção:IMF Working Papers; Working Paper ; No. 2001/004
Acesso em linha:Full text available on IMF