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to the relative size of the countries' GDP. We conclude that the continuation of the fast growth rate of China, while …This paper evaluates the sustainability of large current account imbalances in the era when the Chinese GDP growth rate … and current account/GDP exceed 10%. We investigate the size distribution and the durability of current account deficits …
Persistent link: https://www.econbiz.de/10010322714
to the relative size of the countries’ GDP. We conclude that the continuation of the fast growth rate of China, while … last resort", the hinese growth path would be challenged by its own success. -- Current account imbalances ; growth ; size …This paper evaluates the sustainability of large current account imbalances in the era when the Chinese GDP growth rate …
Persistent link: https://www.econbiz.de/10003855335
to the relative size of the countries' GDP. We conclude that the continuation of the fast growth rate of China, while …This paper evaluates the sustainability of large current account imbalances in the era when the Chinese GDP growth rate … and current account/GDP exceed 10%. We investigate the size distribution and the durability of current account deficits …
Persistent link: https://www.econbiz.de/10012722939
In der Juliausgabe veröffentlichte der Wirtschaftsdienst einen Aufsatz von Georg Erber mit dem Titel „Irrungen und Wirrungen mit der Leistungsbilanzstatistik“. Dazu äußert sich Jan Priewe kritisch. Anschließend stellt Georg Erber in einer Erwiderung seine Sicht dar.
Persistent link: https://www.econbiz.de/10009689201
We propose a multi-country dynamic general equilibrium model to quantify the implications of trade and FDI liberalizations for the surge of global trade and current account (CA) imbalances. We calibrate our model to replicate the evolution of bilateral trade and FDI flows across 5 major...
Persistent link: https://www.econbiz.de/10012840844
In der Juliausgabe veröffentlichte der Wirtschaftsdienst einen Aufsatz von Georg Erber mit dem Titel 'Irrungen und Wirrungen mit der Leistungsbilanzstatistik'. Dazu äußert sich Jan Priewe kritisch. Anschließend stellt Georg Erber in einer Erwiderung seine Sicht dar.
Persistent link: https://www.econbiz.de/10010516311
During the 2011-2015 period, Turkey's current account deficit as a percentage of GDP was one of the largest among the OECD countries. In this paper, we examine if this deficit can be considered sustainable using the Engel and Rogers (2006) approach. In this framework, the current account of a...
Persistent link: https://www.econbiz.de/10011609959
/capita growth, inflation, financial depth, institution, urban population growth and the real interest rate; a one standard deviation …
Persistent link: https://www.econbiz.de/10003854910
This article discusses the relation between the balance of payments and the international investment position of countries. It starts with the observation that the net international investment position of many countries is developing independently from their current account balances. This...
Persistent link: https://www.econbiz.de/10013081644
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced … economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7 …% at the 2020 horizon. However, in order to sustain vigorous growth and improve the well-being of most citizens, renewed …
Persistent link: https://www.econbiz.de/10010231008