Structural and Cyclical Factors behind Current‑Account Balances
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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Global external imbalances widened persistently over the last several years and have narrowed abruptly over the course of the financial crisis. Understanding the extent to which structural or cyclical factors may have driven these patterns is important to assess the likely evolution of global imbalances going forward, as well as the potential...
