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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Araujo, Juliana
अन्य लेखक: Li, Grace, Poplawski Ribeiro, Marcos, Zanna, Luis-Felipe
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2013.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2013/080
ऑनलाइन पहुंच:Full text available on IMF