Sharp Reductions in Current Account Deficits : An Empirical Analysis /

The paper studies determinants and consequences of sharp reductions in current account imbalances (reversals) in low- and middle-income countries. It poses two questions: what triggers reversals, and what factors explain how costly reversals are? It finds that both domestic variables, such as the cu...

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מחבר ראשי: Milesi-Ferretti, Gian
מחברים אחרים: Razin, Assaf
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 1997.
סדרה:IMF Working Papers; Working Paper ; No. 1997/168
גישה מקוונת:Full text available on IMF