Series: IMF Working Papers
Author(s): Fabio Scacciavillani , and Malcolm Knight
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 May 1998
Keywords: current account sustainability, current account balance, current account deficit, balance of payments, current account position
This paper surveys the main theoretical approaches for analyzing movements in the current account of the balance of payments, from the Mundell-Fleming paradigm to modern intertemporal approaches. It discusses the m...