Are African Current Account Deficits Different? : Stylized Facts, Transitory Shocks, and Decomposition Analysis /
This paper analyzes the behavior of current account deficits in Africa and estimates whether the deficits are excessive with respect to fundamentals. The findings are the deficits are (i) not very persistent; (ii) positively linked with domestic growth; (iii) strongly linked with public (and private...
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| Další autoři: | , |
| Médium: | Časopis |
| Jazyk: | English |
| Vydáno: |
Washington, D.C. :
International Monetary Fund,
2001.
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| Edice: | IMF Working Papers; Working Paper ;
No. 2001/004 |
| On-line přístup: | Full text available on IMF |