Thirty Years of Current Account Imbalances, Current Account Reversals and Sudden Stops
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In this paper I analyze the anatomy of current account adjustments in the world economy during the last three decades. The main findings may be summarized as follows: (a) Major reversals in current account deficits have tended to be associated to sudden stops' of capital inflows. (b) The probability
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美国国家经济研究局创建时间：
2004-02-01
