01661cas a2200241 a 4500 AALejournalIMF009966 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451948622 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. Fiscal Expansion and External Current Account Balance. Washington, D.C. : International Monetary Fund, 1988. 1 online resource (46 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 analyzes, in a general equilibrium framework, how fiscal policy transmits its effects to the current account of the balance of payments. In discussing the role of fiscal policies in the Fund's stabilization programs, the paper compares different approaches to explain the determination of the external balance. The model presented here is based on intertemporal optimization and focuses on the behavior of private and public agents. Some empirical evidence is also presented, based on data from ten Latin American countries. Finally, an appendix presents an integrated system of financial, external, and government accounts. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1988/100 Full text available on IMF http://elibrary.imf.org/view/journals/001/1988/100/001.1988.issue-100-en.xml IMF e-Library