The Current Account in Perspective : Lessons from the Italian Experience.

This paper draws some lessons about policies toward the current account from Italy's balance of payments history between 1960 and 1988. The key role of speculative capital flows during every major episode of external imbalance brings out the limitations of exchange rate rules that focus exclusi...

وصف كامل

التفاصيل البيبلوغرافية
مؤلف مشترك: International Monetary Fund
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 1990.
سلاسل:IMF Working Papers; Working Paper ; No. 1990/037
الوصول للمادة أونلاين:Full text available on IMF