Sustainable and Excessive Current Account Deficits

Helmut Reisen

Research Paper from World Institute for Development Economics Research

Abstract: The abundance of private capital flows confronts many emerging-market authorities with a transfer problem. They must decide whether to accept or resist the net capital inflow, or how much to accept and how much to resist. This paper aims at assisting that decision by focusing on the rationale, the sustainability and the source of protracted private-sector driven current account deficits.

Keywords: CAPITAL; MOVEMENTS (search for similar items in EconPapers)
JEL-codes: F21 F32 (search for similar items in EconPapers)
Pages: 23 pages
Date: 1997
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Citations: View citations in EconPapers (7)

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Related works:
Journal Article: Sustainable and Excessive Current Account Deficits (1998)
Working Paper: Sustainable and Excessive Current Account Deficits (1998)
Working Paper: Sustainable and Excessive Current Account Deficits
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Persistent link: https://EconPapers.repec.org/RePEc:fth:wodeec:133

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