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...

Full beskrivning

Bibliografiska uppgifter
Huvudupphovsman: Milesi-Ferretti, Gian
Övriga upphovsmän: Razin, Assaf
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 1997.
Serie:IMF Working Papers; Working Paper ; No. 1997/168
Länkar:Full text available on IMF