Current Account Deficits During Heightened Risk: Menacing or Mitigating?

Large current account deficits, and the corresponding reliance on capital flows from abroad, can increase a country's vulnerability to periods of heightened risk. We develop a framework to evaluate such vulnerabilities and clarify which characteristics of a country's international investme...

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Bibliographic Details
Main Authors: Hjortsoe, Ida (Author), Nenova, Tsvetelina (Author), Forbes, Kristin J (Contributor)
Other Authors: Sloan School of Management (Contributor)
Format: Article
Language:English
Published: Wiley, 2019-03-07T19:42:20Z.
Subjects:
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