Tang, Tuck Cheong; Lau, Evan - Department of Econometrics and Business Statistics, … - 2009
linkages (and co-
moving) between government budget deficit (BD), and current account deficit (CAD).
Concern raise up by … strong appreciation of the dollar with unusual
shift hike in current account deficits. Several observations have confirmed … that the
unsustainable budget deficit during these periods has widens current account balances
(Darrat, 1988, Bachman …