When is a Current Account Deficit Bad?
A current account deficit is sustainable when its underlying drivers support a smooth correction in the future. It is unsustainable when symptomatic of macroeconomic imbalances that would eventually trigger disruptive adjustments. Although a curren...
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| Language: | English |
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World Bank, Washington, DC
2018
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| Online Access: | http://documents.worldbank.org/curated/en/507731538487989157/When-is-a-Current-Account-Deficit-Bad http://hdl.handle.net/10986/30506 |