Series: External Sector Report
Author(s): International Monetary Fund. Monetary and Capital Markets Department
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 17 July 2019
Keywords: Economic integration, Flexible exchange rate policy, Economic stabilization, Nominal effective exchange rate, External sector, NIIP, euro area, Eba, overall assessment, medium term
The IMF's 2019 External Sector Report shows that global current account balances stand at about 3 percent of global GDP. Of this, about 35-45 percent are now deemed excessive. Meanwhile, net credit and debtor posit...