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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Format: | Article |
Language: | English |
Published: |
Wiley,
2019-03-07T19:42:20Z.
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Subjects: | |
Online Access: | Get fulltext |