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Are African Current Account Deficits Different? Stylized Facts, Transitory Shocks, and Decomposition Analysis

Are African Current Account Deficits Different? Stylized Facts, Transitory Shocks, and Decomposition Analysis »

Source: Are African Current Account Deficits Different? Stylized Facts, Transitory Shocks, and Decomposition Analysis

Volume/Issue: 2001/4

Series: IMF Working Papers

Author(s): Luisa Zanforlin , César Calderón , and Alberto Chong

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2001

ISBN: 9781451842043

Keywords: Dynamic Panel Data Models, Decomposition Analysis, current account deficits, current account deficit, current account balance, current account balances, International Finance: General, Macroeconomic Aspects of International Trade and Finance: General,

This paper analyzes the behavior of current account deficits in Africa and estimates whether the deficits are excessive with respect to fundamentals. The findings are the deficits are (i) not very persistent; (ii)...

Helping the Poor
			: the IMF's New Facilities for Structural Adjustment

Helping the Poor : the IMF's New Facilities for Structural Adjustment »

Series: Other Statistical Electronic Products

Author(s): Joslin Landell-Mills

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1992

DOI: http://dx.doi.org/10.5089/9781557750211.038

ISBN: 9781557750211

Keywords: balance of payments, domestic savings, current account deficit, debt service payments, agricultural exports

This paper discusses the IMF's New Facilities for Structural Adjustment (SAF) for helping the poor. The first arrangement supported by the SAF was approved by the IMF's Executive Board in August 1986. By the end of...

Helping the Poor: the IMF’s New Facilities for Structural Adjustment

Helping the Poor: the IMF’s New Facilities for Structural Adjustment »

Source: Helping the Poor : the IMF's New Facilities for Structural Adjustment

Series: Other Statistical Electronic Products

Author(s): Joslin Landell-Mills

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1992

ISBN: 9781557750211

Keywords: balance of payments, domestic savings, current account deficit, debt service payments, agricultural exports

Introduction The international community has responded to the crisis in the poorer developing countries by equipping the International Monetary Fund with two special new facilities—t...

Front Matter

Front Matter »

Source: Helping the Poor : the IMF's New Facilities for Structural Adjustment

Series: Other Statistical Electronic Products

Author(s): Joslin Landell-Mills

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1992

ISBN: 9781557750211

Keywords: balance of payments, domestic savings, current account deficit, debt service payments, agricultural exports

This paper discusses the IMF's New Facilities for Structural Adjustment (SAF) for helping the poor. The first arrangement supported by the SAF was approved by the IMF's Executive Board in August 1986. By the end of...

Are African Current Account Deficits Different? Stylized Facts, Transitory Shocks, and Decomposition Analysis

Are African Current Account Deficits Different? Stylized Facts, Transitory Shocks, and Decomposition Analysis »

Volume/Issue: 2001/4

Series: IMF Working Papers

Author(s): Luisa Zanforlin , César Calderón , and Alberto Chong

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2001

DOI: http://dx.doi.org/10.5089/9781451842043.001

ISBN: 9781451842043

Keywords: Dynamic Panel Data Models, Decomposition Analysis, current account deficits, current account deficit, current account balance, current account balances, International Finance: General, Macroeconomic Aspects of International Trade and Finance: General,

This paper analyzes the behavior of current account deficits in Africa and estimates whether the deficits are excessive with respect to fundamentals. The findings are the deficits are (i) not very persistent; (ii)...