Current Account Developments in New Member States of the European Union.

This paper analyzes current account (CA) developments in the following 10 new EU members states: Czech Republic, Bulgaria, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia and Slovenia. During the last 15 years, these countries, on average, have run CA deficits that are considerably hi...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Rahman, Jesmin
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington : International Monetary Fund, 2008.
Colección:IMF Working Papers.
Temas:
Balance of payments > European Union countries.
Balance des paiements > Pays de l'Union européenne.
Balance of payments
Economic history
European Union countries > Economic conditions.
European Economic Community countries > Economic conditions.
Pays de l'Union européenne > Conditions économiques.
European Union countries
Acceso en línea:Texto completo
Descripción
Sumario:This paper analyzes current account (CA) developments in the following 10 new EU members states: Czech Republic, Bulgaria, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia and Slovenia. During the last 15 years, these countries, on average, have run CA deficits that are considerably higher than the average CA deficit of other developing countries. However, more recently, a diverging pattern has emerged among these countries with one group, consisting of the Baltic countries, Bulgaria and Romania, experiencing rapid widening, while the others seeing a stabilization in their CA bal.
Notas:Appendix 2: Robustness Check for Explanation of CA DivergenceAppendix 3: Data sources.
Descripción Física:1 online resource (36 pages)
ISBN:9781451914078
1451914075

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