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Renewable energy and current account balance nexus
Environmental Science and Pollution Research, 2022Renewable energy is in the center for providing a sustainable energy future. Renewables are the key for overcoming the energy problems. This paper investigated the dynamic and causal relationship among renewable energy production, current account balance, energy imports, renewable energy consumption, and economic growth in the 1976-2019 period for G20 ...
Melike Bildirici, Fazıl Kayıkçı
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Cyclically Adjusted Current Account Balance [PDF]
Economic policies focusing on macro-financial risks in Turkey attribute special emphasis on current account developments. In this context, quantifying the role of cyclical factors in driving current account deficit is crucial for the design of an appropriate policy response against current account volatility.
A. Hakan Kara, Cagri Sarikaya
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Russia’s Balance of Payments 2018: Current Account Balance Hits Highest
SSRN Electronic Journal, 2019In 2018, Russia posted the highest on record positive current account balance since 1992, 2.5 times the amount recorded in 2017, due to increase in fuel and energy exports on the back of improved terms of trade and stagnant imports led by a weakening rouble.
Alexandra Bozhechkova +2 more
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Determinants of current account balances of Bangladesh
Journal of Contemporary Asia, 1993Abstract This article analyses the developments of current account balances of Bangladesh since the 1950s. Available evidence suggests that the loss of the Indian raw jute market in the 1950s and the arrival of jute substitutes in the international market in the 1960s have had lasting impacts on the current account position of Bangladesh.
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Structural change, savings and current account balance
International Review of Economics & Finance, 2011Abstract Private savings have experienced remarkable divergences across countries in recent years. In this paper we use a new factor, economic structural changes, to explain the differences of private savings in developing countries and its impacts on current account balance.
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Current Account, Capital Movements and Target Balances
2020The stock of Target balances is recorded in the national accounting systems in the same way as international fiscal credit. A country’s Target claim is part of its net foreign asset position, and the increase of this claim is recorded as a public capital export.
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Current account balance and dollar standard: Exploring the linkages
Journal of International Money and Finance, 2014Abstract This paper examines whether the international role of the dollar as main global reserve currency has contributed to persistent current account imbalances. To this end, we analyse how central banks' accumulation of reserve assets affects the current account balance of both reserve-accumulating and reserve-providing countries.
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Liberalisation and Current Account Balance: An Empirical Evaluation
Global Journal of Enterprise Information System, 2017An empirical relationship is examined between the Current Account Balance (CAB) and liberalisation expressed in terms of Financial Openness (FO) and Trade Openness (TO) for a quarterly period of January 2000 to March 2016. The primary domain of this study encompasses the evaluation of impact of Financial Openness and Trade Openness on CAB, over a ...
V. K. Gangal +2 more
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The Relationship of the Current Account Balance and the Budget Balance
The American Economist, 1993This paper demonstrates that the traditional theory, that the current account balance and the budget balance are positively related, does not uphold when applied to Australian data. On the other hand, Australian data seems to indicate that Ricardian Equivalence Theorem better explains the movements in the economy.
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Current Account Balance and External Shocks in Nigeria
2019As a small open economy, Nigeria is highly vulnerable to adverse effect of external shocks since independence. These shocks manifest in form of oil price shocks, exchange rate volatility, global financial crisis and terms of trade shocks. This paper however investigated the impact of external shocks to oil price, exchange rate and terms of trade on the
Kudaisi, Bosede +3 more
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