current account deficits
On the Sustainability of Current Account Deficits in Cameroon
... of current account ...the current account deficits have been ...of current account imbalances and evaluates the discrepancy between actual deficits and ...
10
Does Credit Growth ‘Cause' Current Account Deficits? Evidence from Turkey
... deteriorating current account balance and unprecedented rapid credit growth called for an alternative policy approach (see ...on current account ...
15
Endogenous Growth Models in Open Economies: A Possibility of Permanent Current Account Deficits
... persistent current account imbalances. The balance on current account in a less risk averse country shows deficits permanently, and in reverse that in a more risk averse country shows ...
24
On the Sustainability of Current Account Deficits in Indonesia: Error Correction Mechanism Approach
... the current account balance in some countries experiencing a deficit state ...The current account deficit is one of the main indicators of external imbalance of global economies ...of ...
7
Do Tourism Receipts Contribute to the Sustainability of Current Account Deficits: A Case Study of Barbados
... persistent current account deficits and reliance on tourism as a major source of foreign exchange and driver of the economy, this paper investigated the contribution of tourism receipts to the ...
13
The Relation Between Fiscal and Current Account Deficits: The Case of Fragile Five
... and current account deficits, we will be able to understand the role of government in the current account deficit problem and we will investigate the validity of the twin deficit and ...
13
Evaluation of Sustainability of Current Account Deficits in Turkey
... that current account deficits were over-financing by the finan- cial account surpluses through FDI and long term credits in increasing ...the current account deficits in ...
8
Budget current account deficits nexus in Malaysia
... the current account but also reduce the budget deficit (since taxes on export earnings are significant portion of governments revenue for a small economy that depends on export sector like ...the ...
27
Do Democracies Have Higher Current Account Deficits?
... Adam, Antonis and Tsarsitalidou, Sofia University of Ioannina, Department of Economics, University of Ioannina, Department of Economics... Real Ef f ective Exchange Rate.[r] ...
34
Global imbalances and the financial crisis
... Different levels of indebtedness caused the fall in interest rates to have varying effects on consumption and saving in different countries. Structural differences such as the development of financial markets and ...
13
Testing Twin Deficits and Saving Investment Nexus in Turkey
... This study tested the validity of the twin deficit and the Feldstein – Horioka hypotheses for Turkey and concludes that only the former hypothesis is valid for the period of 1987 2004 as far as the cointegration tests ...
21
Testing the Twin Deficits Hypothesis: Effect of Fiscal Balance on Current Account Balance—A Panel Analysis of Sub Saharan Africa
... may account for the lack of unanimity in defining the causal relationship between the two deficits as well as the significance of the long-run causality between the budget deficits and current ...
11
Age structure and the current account
... China’s current account surpluses reflect the effect of its one-child policy on savings rates or are they instead caused by exchange-rate manipulations? Similarly, do German surpluses reflect the effect of ...
14
The Asian Currency Crisis A Fait Accompli?
... many parallels between what happened in Mexico leading to the crisis and those of our Asian crisis countries. In both cases, the period preceding the crisis had been one of an economic boom but with growth rates tapering ...
48
UK Current Account Sustainability in the Post Brexit Era: Insights from an Intertemporal Current Account Framework
... UK Current Account Sustainability—Potential Impact of Brexit The previous subsection provided relevant information on recent trends asso- ciated with UK current account balances and its net ...
28
Assessing the Current Account Sustainability in ECCAS economies: A Dual Cointegration Analysis
... Current account imbalances and its sustainability is one of the controversial and important issues in macroeconomics over the past two ...global current account imbal- ances due to the ongoing ...
23
Testing the twin deficit hypothesis for Kenya 1970-2012
... A striking feature of the country’s fiscal operations since the 1970’s indicate that Kenya has been running budget deficit and current account deficits for many years since independence. This rise in ...
10
EFFECT OF GOVERNMENT FISCAL DEFICITS ON CURRENT ACCOUNT BALANCE: THE CASE OF TWIN DEFICITS HYPOTHESIS IN NIGERIA (1970-2013)
... the current account is in deficit. He adds that budget deficits actually have a positive effect on the current account ...twin deficits say that when a government increases its ...
13
Can prosperity return to the Economic and Monetary Union?
... the current account deficits of the high deficit countries have in a number cases shrunk — for example Greece and Portugal recorded a close to current account balance in ...imports) ...
22
Assessing the Twin Deficits Hypothesis in Selected OECD Countries: An Empirical Investigation
... twin deficits hypothesis in nine OECD countries using panel cointegration tests with structural breaks from 1990 to ...trade deficits in the twin deficits hypothesis, this paper includes the ...
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