Current Account Dynamics and the Saving-Investment Nexus In a Changing and Uncertain World

We reexamine the determinants of current account balances (CAB) and the saving-investment nexus with focus on emerging market and developing economies (EMDEs). We are in a new age in terms of facing not just economic challenges but also other non-economic challenges such as global climate changes,

本研究以新兴市场与发展中经济体 (emerging market and developing economies, EMDEs) 为研究对象，重新审视经常账户余额 (current account balances, CAB) 的决定因素与储蓄-投资关联 (saving-investment nexus)。我们正身处一个全新的时代，不仅面临各类经济挑战，还需应对全球气候变化等非经济层面的挑战，