Results 211 to 220 of about 124,676 (264)

Will Japan’s Current Account Turn to Deficit? [PDF]

open access: possible, 2001
Abstract Japan’s current account has been in surplus for many years. From a Japanese perspective, the surplus has provided market outlets for Japanese manufactures and high tech products and has been the basis for capital flows into foreign investment.
F. Gerard Adams, Byron Gangnes
openaire   +1 more source

The sustainability of current account deficits

Journal of Economic Dynamics and Control, 1993
Abstract This paper proposes a new method of determining whether a country is likely to be able to sustain its current account deficits without defaulting on its debt. It is based on the notion of the national intertemporal budget constraint (IBC) which is derived from a forward solution of the balance payments identity.
M.R. Wickens, Merih Uctum
openaire   +1 more source

THE TURKISH CURRENT ACCOUNT DEFICIT

Economic Inquiry, 2018
During the 2011–2015 period, Turkey's current account deficit as a percentage of gross domestic product (GDP) was one of the largest among the Organization for Economic Co‐operation and Development countries. In this paper, we examine if this deficit can be considered optimal using the Engel and Rogers's approach. In this framework, the current account
Osman F. Abbasoğlu   +2 more
openaire   +1 more source

Sustainable and Excessive Current Account Deficits

Empirica, 1998
Both the Mexican crisis of 1994–95 and the Asian financial crisis of 1997–98 have been preceded by large current account deficits run by the affected economies. External deficits are often assumed to play an important role in the propagation of financial crises in emerging markets.
openaire   +3 more sources

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