The Current Account Income Balance : External Adjustment Channel or Vulnerability Amplifier? /

In terms of size, the net income balance (IB) is comparable to the trade balance (TB) for many countries. Yet the role of the IB in mitigating external vulnerabilities or complicating external adjustment remains underexplored. This paper studies the role of the IB in stabilizing or destabilizing the...

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Bibliographic Details
Main Author: Behar, Alberto
Other Authors: Hassan, Ramin.
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2022.
Series:IMF Working Papers; Working Paper ; No. 2022/106
Subjects:
Online Access:Full text available on IMF