| Description |
1 online resource (iii, 48 pages) : illustrations |
| Series |
IMF working paper ; WP/92/54 |
|
IMF working paper ; WP/92/54.
|
| Summary |
This paper assesses the policy significance of foreign liabilities and the current account deficits that have rise to them. Current account imbalances are shown to have some capacity to indicate difficulties elsewhere in the economy, but are capacity to indirect diffuculties elsewhere in the economy, but are imperfect indicators and subject to potential misinterpretation. The paper concludes that successful pursuti of internal balance could be an important factor in stabilizing current account balances, but, beyond that, there seems no good reason for using macroeconomic policy to target the current account as such. However, ther may be grounds for microeconomic action to remedy specifically identified problems |
| Notes |
Cover title |
|
"July 1992." |
| Bibliography |
Includes bibliographical references (pages 45-48) |
| Notes |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
|
English |
|
Print version record |
|
digitized 2014 HathiTrust Digital Library committed to preserve pda MiAaHDL |
| Subject |
Budget deficits -- Government policy -- Econometric models
|
|
Debts, External -- Government policy -- Econometric models
|
| Form |
Electronic book
|
| Author |
International Monetary Fund. European I Department, issuing body.
|
| ISBN |
1455226165 |
|
9781455226160 |
|
1462334881 |
|
9781462334889 |
|
1455231312 |
|
9781455231317 |
|
1281213667 |
|
9781281213662 |
|
9786613777577 |
|
6613777579 |
|
