Current Account Deficits, External Liabilities and Economic Policy /

This paper assesses the policy significance of foreign liabilities and the current account deficits that give rise to them. Current account imbalances are shown to have some capacity to indicate difficulties elsewhere in the economy, but are imperfect indicators and subject to potential misinterpret...

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Bibliographic Details
Main Author: Pitchford, J.
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1992.
Series:IMF Working Papers; Working Paper ; No. 1992/054
Online Access:Full text available on IMF