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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| Natura: | Periodico |
| Lingua: | English |
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Washington, D.C. :
International Monetary Fund,
1997.
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| Serie: | IMF Working Papers; Working Paper ;
No. 1997/168 |
| Accesso online: | Full text available on IMF |