External Adjustment and the Global Crisis /

After widening substantially in the period preceding the global financial crisis, current account imbalances across the world have contracted to a significant extent. This paper analyzes the factors underlying this process of external adjustment. It finds that countries whose pre-crisis current acco...

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Hlavní autor: Milesi-Ferretti, Gian
Další autoři: Lane, Philip
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2011.
Edice:IMF Working Papers; Working Paper ; No. 2011/197
On-line přístup:Full text available on IMF