Rapid Current Account Adjustments : Are Microstates Different? /
We describe unique aspects of microstates-they are less diversified, suffer from lumpiness of investment, they are geographically at the periphery and prone to natural disasters, and have less access to capital markets-that may make the current account more vulnerable, penalizing exports and making...
| Auteur principal: | |
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| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
2008.
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| Collection: | IMF Working Papers; Working Paper ;
No. 2008/233 |
| Accès en ligne: | Full text available on IMF |