The Size and Sustainability of Nigerian Current Account Deficits /

This paper uses an intertemporal model of the current account and macroeconomic indicators to examine the size and sustainability of Nigerian current account deficits over the 1960-97 period. The results indicate that the Nigerian economy appeared to satisfy its intertemporal budget constraint durin...

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Détails bibliographiques
Auteur principal: Adedeji, Olumuyiwa
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2001.
Collection:IMF Working Papers; Working Paper ; No. 2001/087
Accès en ligne:Full text available on IMF
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245 1 4 |a The Size and Sustainability of Nigerian Current Account Deficits /  |c Olumuyiwa Adedeji. 
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490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |a This paper uses an intertemporal model of the current account and macroeconomic indicators to examine the size and sustainability of Nigerian current account deficits over the 1960-97 period. The results indicate that the Nigerian economy appeared to satisfy its intertemporal budget constraint during this period. However there were years marked by excessive current account deficits. The results also support the view that current account deficits accompanied by macroeconomic instability and structural weaknesses can degenerate in to an external crisis. 
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830 0 |a IMF Working Papers; Working Paper ;  |v No. 2001/087 
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