Changes in current account balances, 2005 and 1995-97 ($ billions)
Cyclically Adjusted Current Account Balances
... country current account surpluses and deficits relative to global ...Although current account balances should not respond to a downturn that is uniform across countries, one that hits ...
27
The Behaviour Of The Current Account Balances Of ASEAN-5 Members
... Current account is a variable that is both a broad reflection of the stance of macroeconomic policies and a source of information about the behaviour of economic ...only changes in a country’s trade ...
25
Current Account Balances and Structural Adjustment in the Euro Area
... area balances, Germany holds a relatively strong competitiveness position, for instance, vis-à-vis Spain since German current account surpluses vis à vis Spain have been quite large ...on ...
51
Three Current Account Balances: A "Semi-Structuralist" Interpretation
... the current account under the temporary ...the current account of exchange rate ...the current account, contradicting conventional wisdom regarding the current ...
29
Do current account balances matter for competitiveness in the Euro Area?
... the current account, we can see that over the whole period the link between competitiveness indicators and the current account balance is extremely ...the current account change ...
27
The deficit of current account balances and budgetary deficit in countries in transition
... have undergone numerous changes in the field of the entire political, economic and social life. In restructuring process of their own economies, countries in transition deal with many common problems. In the ...
19
Impact of Agricultural Value Added on Current Account Balances in Nigeria
... Keywords: Current account, Agriculture, Value added, Time series, Nigeria Introduction The current account balance of assumes a significant dimension in the financial position of any country, ...
10
Estimating the effect of the EMU on current account balances: a synthetic control approach
... in current account ...the current account balances of individual member ...in current account balances among member states in the run-up to the euro ...fundamental ...
36
Current Account Balances, Financial Development and Institutions: Assaying the World Saving Glut
... the current account balance on government budget balances (through tax receipts or government spending, for ...yearly changes in unemployment rates (D_U); and regional ...budget ...
33
Target Loans, Current Account Balances and Capital Flows: The ECB’s Rescue Facility
... the current account deficit vis-à-vis other euro countries, as this is the size of the net outflow of central bank money to the other euro ...a current account deficit is basically defined as ...
42
A further view on current account, capital account and Target2 balances: Assessing the effect on capital structure and economic welfare
... interdistrict balances in April of each year” ...about changes in the stance and/or the behavior of the ECB in order to reduce/cap/eliminate the Target2 ...
37
Determinants of current account in the EU: the relation between internal and external balances in the new members
... causing changes in the trade deficit in the long-run as well as in the ...of current account balances in Bulgaria, Czech Republic, Estonia, Latvia and Lithuania, indicating no evidence of any ...
24
Current Account and Real Exchange Rate changes: the Impact of Trade Openness
... and changes in current account and trade balances during these ...rate changes, more open economies experience a larger increase in current account and trade ...in ...
32
Current Account and Real Exchange Rate changes: the impact of Trade Openness
... large current account imbalances refers to the same type of adjustment mechanism, where the magnitude of real exchange rate depreciation may be mitigated by the income effect, particularly in more open ...
25
Internal and External Current Account Balances in the Euro Area. Alan Ahearne Bruegel, Brussels and National University of Galway, Ireland
... to changes in the relative GDP growth rate, the responses of the Italian and Spanish trade balances to changes in the real exchange rate are much weaker and not statistically ...the current ...
31
Sustainability of current account balances in small states
... Abstract This article applies the inter-temporal budget constraint framework and panel cointegration tests to examine the sustainability of current account deficits in 17 small states over the period ...
7
Impact of GDP volatility on current account balances
... their current account balances is ...of current account fluctuations at different frequencies (using annual data and 5-year averaged data respectively) to see if they provide a ...
19
The relationship between fiscal and current account balances in the Caribbean
... When the data for the Caribbean was disaggregated to include Belize, Guyana, Suriname and Trinidad and Tobago, it was observed that the current account of these countries showed a much smaller deficit than ...
38
The Persistence and Determinants of Current Account Balances: The Implications for Global Rebalancing
... rolling current account persistence is fairly stable across time for both industrialized countries and Euro countries whereas the Asian and emerging market countries demonstrate significant time variations ...
51
An Empirical Analysis of the Nexus between Investment, Fiscal Balances and Current Account Balances in Greece, Portugal and Spain
... the current account balances of the three economies have become non-stationary implying that savings and investment may react differently to ...fiscal balances, investment and current ...
33