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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Detaylı Bibliyografya
Yazar: Araujo, Juliana
Diğer Yazarlar: Li, Grace, Poplawski Ribeiro, Marcos, Zanna, Luis-Felipe
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2013.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2013/080
Online Erişim:Full text available on IMF