About this document
Current Account Deficit Analysis by fabianhrpro is a document available to read on EtoBox.
This policy brief from the World Bank discusses the sustainability of current account deficits (CAD) and their implications for macroeconomic stability. It argues that a CAD is not inherently negative but can become unsustainable due to factors like excessive consumption, overvalued exchange rates, and macroeconomic imbalances. The brief emphasizes the importance of understanding the underlying drivers of CAD to assess their potential risks and the need for policies that support smooth adjustments to mainta
- Author
- fabianhrpro
- Language
- EN