The current accounts deficit of the balance of payments: assessment of the acceptable level for Ukraine

Sergiy Nikolaychuk ()

Economy and Forecasting, 2010, issue 2, 74-87

Abstract: The article deals with the acceptability of current account (CA) deficit in the context of external sustainability. The authors emphasize the importance of maintaining the CA deficit at the acceptable level and reveal its role in triggering financial crises. Using different approaches, they estimate acceptable levels of CA balance over the historical period and in the medium run.

Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:eip:journl:y:2010:i:2:p:74-87

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