Current Account Deficits, External Liabilities and Economic Policy

Current Account Deficits, External Liabilities and Economic Policy
This paper assesses the policy significance of foreign liabilities and the current account deficits that give rise to them. Current account imbalances are shown to have some capacity to indicate difficulties elsewhere in the economy, but are imperfect indicators and subject to potential misinterpretation. The paper concludes that successful... READ MORE...

Publication date: July 1992
ISBN 9781451847437
$15.00

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