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...

Descrizione completa

Dettagli Bibliografici
Autore principale: Milesi-Ferretti, Gian
Altri autori: Lane, Philip
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2011.
Serie:IMF Working Papers; Working Paper ; No. 2011/197
Accesso online:Full text available on IMF