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External Imbalances and Fiscal Policy in the Group of Three Countries: The Role of Stock-Flow Dynamics
Author:
International Monetary Fund
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Series:
IMF Working Papers
Volume/Issue:
Volume 1989: Issue 081
Language:
English
Publication Date:
01 Jan 1989
DOI:
https://doi.org/10.5089/9781451954937.001
ISBN:
9781451954937
ISSN:
1018-5941
Pages:
28
Keywords:
WP; deficit; debt; government; GNP; GNP ratio; government policy; government intervention; debt stock; net indebtedness; Foreign assets; Current account; Current account imbalances
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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This paper discusses recent empirical research on the interplay between fiscal policies and external imbalances in the G3 countries, focusing on the stock-flow dynamics of public and foreign deficits and debt accumulation.
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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund