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Current account balance and external adjustment in Turkiye

2023
This paper identifies the cyclical drivers of the current account balance (CAB) in Türkiye and assesses the relevant macro policy implications. We employ the notion of "underlying current account", which corrects for cyclical factors such as global and domestic growth, terms of trade, as well as other exogenous factors including data revisions and ...
Kara, Hakan, Sarıkaya, Çağrı
openaire   +1 more source

Determinants of cyclicality in the current account balance

International Journal of Development Issues, 2012
PurposeThe purpose of this paper is to study the role of public and private imbalances in the cyclicality of the current account balance in a sample of advanced and developing countries. Within developing countries, the evidence does not establish the dependency of private investment on private savings and private consumption is the main driver of the ...
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WORLD CURRENT ACCOUNT BALANCES

Oxford Review of Economic Policy, 1990
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External Debt and the Balance on Current Account

1988
When, in a given period, the net increase of an economic unit’s liabilities is greater than the net increase in its claims, then, in that period, the unit’s financial wealth has fallen. Net financial investment is negative in this period and the economic unit’s debtor/creditor position has risen/fallen by the amount of the net financial investment.
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The "Addiction" with FDI and Current Account Balance [PDF]

open access: possible, 2008
The EU new member states (NMS) have been recipients of substantial net capital inflows in the form of FDI. Economic policy makers and development strategists often regard them as the pillar of the development and neglect their potential long run consequences: inevitable deficit in the investment balance. FDI however affects current account balance also
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Budget Deficits and Current Account Balances

2013
Baharumshah, Ahmad Zubaidi   +2 more
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Shared learnings: Indonesia's and Australia's current account balances

2015
This paper highlights how, through a long process of reforms, Australia has improved the stability of its external position while also running a persistent CAD. Indonesia can also continue to promote stability and economic growth more broadly through further structural reforms that would liberate it from short-term management of its CAD.
Blake Ford, Luky Alfirman, Ferry Irawan
openaire  

Current Account Dynamics: On Income and Trade Balance

SSRN Electronic Journal, 2022
Yushi Yoshida, Weiyang Zhai
openaire   +1 more source

International financial integration and the current account balance [PDF]

open access: possible, 2006
This Economic Letter first reviews some predictions about the exchange rate implications of a return of the U.S. current account into balance. It then presents a recent study that considers the role of greater financial integration and the resulting importance of valuation effects.
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