current-account

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current account örnekleri

  • Table 6 shows the current account from 1990 to 1999.

  • The current account deficits not only depleted gross official foreign reserves but also involved an accumulation of external debts.

  • The deterioration in the net foreign asset position is then followed by a current account surplus.

  • The current account balance seeks to take into account that deficits may require, for example, higher interest rates than in a counterfactual scenario.

  • That did not help current account and official reserves too much, but was partly the cause for much weaker disinflation in that time.

  • This conclusion is reinforced by the behaviour of the trade and current account balances.

  • The current account then adjusts nonmonotonically if the speed of adjustment of habits is higher than the speed of adjustment of the capital stock.

  • The opportunity for a successful switch may also be improved to the degree that the economy is protected from problems on the current account.

  • It guarantees that the initial (equilibrium) level of the current account will be regained in the new steady state.

  • However, the consequent overvaluation tends to generate unsustainable current account deficits that only continued inflows of capital can finance.

  • In fact, our contribution complements two studies that propose a new explanation of deficit-surplus sequence of the current account using an intertemporal-maximizing framework.

  • The current account surplus accompanied by the surge in capital inflows in the mid-1990s put too much strain on that strategy.

  • This intertemporal constraint imposes an additional constraint on the evolution of the economy, determining the stable adjustment of the current account.

  • These market entries result in a remanent positive effect on the current account.

  • Therefore, the current account will be more affected the shorter-lasting is the perturbation.

current account anlamı

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May 10, 2021

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May 10, 2021

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