External Sector Report, July 2019 : The Dynamics of External Adjustment.

The IMF's 2019 External Sector Report shows that global current account balances stand at about 3 percent of global GDP. Of this, about 35-45 percent are now deemed excessive. Meanwhile, net credit and debtor positions are at historical peaks and about four times larger than in the early 1990s....

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Bibliographic Details
Corporate Author: International Monetary Fund. Monetary and Capital Markets Department
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2019.
Series:External Sector Report; External Sector Report ; No. 2019/001
Online Access:Full text available on IMF