Current Account Norms in Natural Resource Rich and Capital Scarce Economies /
The permanent income hypothesis implies that frictionless open economies with exhaustible natural resources should save abroad most of their resource windfalls and, therefore, feature current account surpluses. Resource-rich developing countries (RRDCs), on the other hand, face substantial developme...
Egile nagusia: | |
---|---|
Beste egile batzuk: | , , |
Formatua: | Aldizkaria |
Hizkuntza: | English |
Argitaratua: |
Washington, D.C. :
International Monetary Fund,
2013.
|
Saila: | IMF Working Papers; Working Paper ;
No. 2013/080 |
Sarrera elektronikoa: | Full text available on IMF |