Current Account and External Financing: An Introduction
In: Current Account and External Financing
Creation-DaThis brief review takes stock of the recent literature on current account and external financing and presents new analytical results and empirical research on the subject. Four key areas of related research are presented, namely global imbalances and macroeconomic adjustment; external adjustment in emerging economies, crises and current-account reversals; current account and exchange rate dynamics; and some policy issues concerning external financing. The review suggests a significant number of open questions, which were addressed in the thirteen groundbreaking papers presented at the Central Bank of Chile’s Annual Conference of 2006, which are summarized here.te:2007-12
(This abstract was borrowed from another version of this item.)
|This chapter was published in: Kevin Cowan & Sebastián Edwards & Rodrigo O. Valdés & Norman Loayza (Series Editor) & Klaus Schmidt-Hebbel (Series Editor) (ed.) Current Account and External Financing, , chapter 1, pages 001-023, 2008.|
|This item is provided by Central Bank of Chile in its series Central Banking, Analysis, and Economic Policies Book Series with number v12c01pp001-023.|
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