(Why) Should Current Account Balances Be Reduced?
The purpose of this note is to discuss two complex issues. First, why might a country want to reduce its current account deficit or surplus? And second, why might the international community ask for more? We argue that, in many cases, current account balances reflect underlying domestic distortions....
| Main Authors: | , |
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| Other Authors: | , |
| Format: | Article |
| Language: | English |
| Published: |
Palgrave Macmillan,
2013-05-08T19:43:26Z.
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| Subjects: | |
| Online Access: | Get fulltext |