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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Altri autori: | , |
Natura: | Periodico |
Lingua: | English |
Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2019.
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Serie: | IMF Working Papers; Working Paper ;
No. 2019/244 |
Accesso online: | Full text available on IMF |