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...
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| Daljnji autori: | , , |
| Format: | Žurnal |
| Jezik: | English |
| Izdano: |
Washington, D.C. :
International Monetary Fund,
2013.
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| Serija: | IMF Working Papers; Working Paper ;
No. 2013/080 |
| Online pristup: | Full text available on IMF |