The Drivers, Implications and Outlook for China's Shrinking Current Account Surplus /

China's current account surplus has declined significantly from its peak in 2008 and the external position in 2018 was in line with medium-term fundamentals and desirable policies. While cyclical factors and expansionary credit and fiscal policies contributed, the trend decline has been largely...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Deb, Pragyan
Weitere Verfasser: Gjonbalaj, Albe, Hannan, Swarnali
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2019.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2019/244
Online Zugang:Full text available on IMF