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...

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Autore principale: Deb, Pragyan
Altri autori: Gjonbalaj, Albe, Hannan, Swarnali
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2019.
Serie:IMF Working Papers; Working Paper ; No. 2019/244
Accesso online:Full text available on IMF