Current Account Developments in New Member States of the European Union : Equilibrium, Excess, and EU-Phoria /

This paper analyzes current account (CA) developments in the following 10 new EU members states: Czech Republic, Bulgaria, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia and Slovenia. During the last 15 years, these countries, on average, have run CA deficits that are considerably hi...

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Bibliographic Details
Main Author: Rahman, Jesmin
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2008.
Series:IMF Working Papers; Working Paper ; No. 2008/092
Online Access:Full text available on IMF