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The Current Account Issue Revisited

Author

Listed:
  • Corden, W.M.

Abstract

I asked "Does the Current Account Matter?" in Corden (1991). In that article I made a distinction between the Old View and the New View of the current account. The present paper will not repeat the exposition of these two views in any detail. Rather, the aim is both to improve on the rigour of the earlier analysis, and to display the relationships among various points of view, all of which seem reasonable.

Suggested Citation

  • Corden, W.M., 1996. "The Current Account Issue Revisited," CEPR Discussion Papers 345, Centre for Economic Policy Research, Research School of Economics, Australian National University.
    • Handle: RePEc:auu:dpaper:345
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    Cited by:

    1. Romeo M. Bautista & Mario B. Lamberte, 1996. "The Philippines: Economic Developments and Prospects," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 10(2), pages 16-31, November.
    2. Cashin, Paul & McDermott, C John, 1998. "Are Australia's Current Account Deficits Excessive?," The Economic Record, The Economic Society of Australia, vol. 74(227), pages 346-361, December.

    More about this item

    Keywords

    BALANCE OF PAYMENTS; TRADE; INTERNATIONAL TRADE; PUBLIC DEBT; INTERNATIONAL FINANCE;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F30 - International Economics - - International Finance - - - General
    • F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
    • F39 - International Economics - - International Finance - - - Other

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