Twin Deficits in Developing Economies /

This paper provides new evidence on the existence and magnitude of the 'twin deficits' in developing economies. It finds that a one percent of GDP unanticipated increase in the government budget balance improves, on average, the current account balance by 0.8 percentage point of GDP. This...

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Dettagli Bibliografici
Autore principale: Furceri, Davide
Altri autori: Zdzienicka, Aleksandra
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2018.
Serie:IMF Working Papers; Working Paper ; No. 2018/170
Accesso online:Full text available on IMF