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|z 9781455200801
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|a 1018-5941
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|a International Monetary Fund.
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|a Fiscal Policy and the Current Account.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2010.
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|a 1 online resource (30 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This paper examines the relationship between fiscal policy and the current account, drawing on a larger country sample than in previous studies and using panel regressions, vector autoregressions, and an analysis of large fiscal and external adjustments. On average, a strengthening in the fiscal balance by 1 percentage point of GDP is associated with a current account improvement of 0.2-0.3 percentage point of GDP. This association is as strong in emerging and low-income countries as it is in advanced economies; and significantly higher when output is above potential.
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|a Mode of access: Internet
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|a IMF Working Papers; Working Paper ;
|v No. 2010/121
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2010/121/001.2010.issue-121-en.xml
|z IMF e-Library
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