Sharp Reductions In Current Account Deficits: An Empirical Analysis
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| Originally published | December 1997 |
| Authors | Assaf Razin |
| Gian Maria Milesi-Ferretti | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 2097520 |
About Sharp Reductions In Current Account Deficits: An Empirical Analysis
The paper studies determinants and consequences of sharp reductions in current account imbalances (reversals) in low- and middle-income countries. It poses two questions: what triggers reversals, and what factors explain how costly reversals are? . . .