Toolkit for the Analysis of Current Account Imbalances

The fluctuating economies and differing experiences of countries before and after the economic crisis of 2008 indicate a complex network of possible influences. Persistent current account deficits and exchange rate misalignments frequently presage...

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Main Authors:	Cusolito, Ana Paula, Nedeljkovic, Milan
Format:	Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	CURRENT ACCOUNT DIAGNOSTICS CURRENT ACCOUNT OUTCOME ANALYSIS ECONOMIC POLICY EXTERNAL CRISES EXTERNAL SUSTAINABILITY FLUCTUATING ECONOMIES
Online Access:	http://documents.worldbank.org/curated/en/2013/11/18626877/toolkit-analysis-current-account-imbalances http://hdl.handle.net/10986/17005

id	okr-10986-17005
recordtype	oai_dc
spelling	okr-10986-170052021-04-23T14:03:34Z Toolkit for the Analysis of Current Account Imbalances Cusolito, Ana Paula Nedeljkovic, Milan CURRENT ACCOUNT DIAGNOSTICS CURRENT ACCOUNT OUTCOME ANALYSIS ECONOMIC POLICY EXTERNAL CRISES EXTERNAL SUSTAINABILITY FLUCTUATING ECONOMIES The fluctuating economies and differing experiences of countries before and after the economic crisis of 2008 indicate a complex network of possible influences. Persistent current account deficits and exchange rate misalignments frequently presage disruptive economic trends. The result can be external crises, exchange rate collapses, vulnerability to sudden stops, current account reversals, and economic slowdowns. When a growing number of countries run external deficits, investigation of the causes is warranted. It is crucial to understand the drivers of persistent current account deficits; the relative importance of cyclical and structural factors; conditions that imply external sustainability; sources of sustainable financing for the deficit; and steps governments can take to narrow the imbalance. This toolkit presents a framework that can be used to assess a country's external situation through the lens of the current and financial accounts. The framework is divided into three components: current account outcome analysis, current account diagnostics, and economic policy. 2014-02-11T23:41:54Z 2014-02-11T23:41:54Z 2013-11 http://documents.worldbank.org/curated/en/2013/11/18626877/toolkit-analysis-current-account-imbalances http://hdl.handle.net/10986/17005 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Working Paper Publications & Research
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	CURRENT ACCOUNT DIAGNOSTICS CURRENT ACCOUNT OUTCOME ANALYSIS ECONOMIC POLICY EXTERNAL CRISES EXTERNAL SUSTAINABILITY FLUCTUATING ECONOMIES
spellingShingle	CURRENT ACCOUNT DIAGNOSTICS CURRENT ACCOUNT OUTCOME ANALYSIS ECONOMIC POLICY EXTERNAL CRISES EXTERNAL SUSTAINABILITY FLUCTUATING ECONOMIES Cusolito, Ana Paula Nedeljkovic, Milan Toolkit for the Analysis of Current Account Imbalances
description	The fluctuating economies and differing experiences of countries before and after the economic crisis of 2008 indicate a complex network of possible influences. Persistent current account deficits and exchange rate misalignments frequently presage disruptive economic trends. The result can be external crises, exchange rate collapses, vulnerability to sudden stops, current account reversals, and economic slowdowns. When a growing number of countries run external deficits, investigation of the causes is warranted. It is crucial to understand the drivers of persistent current account deficits; the relative importance of cyclical and structural factors; conditions that imply external sustainability; sources of sustainable financing for the deficit; and steps governments can take to narrow the imbalance. This toolkit presents a framework that can be used to assess a country's external situation through the lens of the current and financial accounts. The framework is divided into three components: current account outcome analysis, current account diagnostics, and economic policy.
format	Publications & Research :: Working Paper
author	Cusolito, Ana Paula Nedeljkovic, Milan
author_facet	Cusolito, Ana Paula Nedeljkovic, Milan
author_sort	Cusolito, Ana Paula
title	Toolkit for the Analysis of Current Account Imbalances
title_short	Toolkit for the Analysis of Current Account Imbalances
title_full	Toolkit for the Analysis of Current Account Imbalances
title_fullStr	Toolkit for the Analysis of Current Account Imbalances
title_full_unstemmed	Toolkit for the Analysis of Current Account Imbalances
title_sort	toolkit for the analysis of current account imbalances
publisher	World Bank, Washington, DC
publishDate	2014
url	http://documents.worldbank.org/curated/en/2013/11/18626877/toolkit-analysis-current-account-imbalances http://hdl.handle.net/10986/17005
_version_	1764435568711696384

Toolkit for the Analysis of Current Account Imbalances

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