Series: IMF Working Papers
Author(s): Gian Milesi-Ferretti , and Assaf Razin
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 June 1998
Keywords: currency crisis, current account reversal, growth, real exchange rate, current account deficits, currency crises, current account balance, current account reversals
This paper studies large reductions in current account deficits and exchange rate depreciations in low- and middle-income countries. It examines which factors help predict the occurrence of a reversal or a currency...