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When is a Current Account Deficit Bad? (English)

Abstract

A current account deficit is sustainable when its underlying drivers support a smooth correction in the future. It is unsustainable when symptomatic of macroeconomic imbalances that would eventually trigger disruptive adjustments. Although a current account...  See More +

Details

  • Devadas, Sharmila; Loayza, Norman V.;
  • 2018/10/01 09:46:02
  • Brief;
  • 130415
  • 1
  • 1
  • World
  • The World Region
  • 2018/10/02 09:45:03
  • Disclosed
  • When is a Current Account Deficit Bad?
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