Current Accounts : What Is Their Relevance for Economic Policymaking?

What Is Their Relevance for Economic Policymaking?

Current Accounts : What Is Their Relevance for Economic Policymaking?
This paper surveys the main theoretical approaches for analyzing movements in the current account of the balance of payments, from the Mundell-Fleming paradigm to modern intertemporal approaches. It discusses the main implications of these analyses for policymaking, highlighting that modern economic theory views current account imbalances not... READ MORE...

Publication date: May 1998
ISBN 9781451849219
$15.00

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