01770cas a2200253 a 4500 AALejournalIMF000615 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451849219 1018-5941 BD-DhAAL BD-DhAAL Scacciavillani, Fabio. Current Accounts : What Is Their Relevance for Economic Policymaking? / Fabio Scacciavillani, Malcolm Knight. Washington, D.C. : International Monetary Fund, 1998. 1 online resource (41 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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 simply as a reflection of goods market developments, but also as an outcome of intertemporal consumption and investment choices and associated capital market behavior. To reflect on the policy strategies applied under diverse circumstances, the paper analyzes the recent experiences of Italy, Israel, and Pakistan. Mode of access: Internet Knight, Malcolm. IMF Working Papers; Working Paper ; No. 1998/071 Full text available on IMF http://elibrary.imf.org/view/journals/001/1998/071/001.1998.issue-071-en.xml IMF e-Library