On the sustainability of current account deficits: evidence from four ASEAN countries
This paper examines the sustainability of the current account imbalance for four ASEAN countries (Indonesia, Malaysia, the Philippines and Thailand) over the 1961-1999 period. To this end, we utilize the intertemporal budget constraint (IBC) model to explain the behavior of the current account in th...
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| Main Authors: | , , |
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| Format: | E-Article |
| Language: | English |
| Published: |
North-Holland
2002
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| Subjects: | |
| Online Access: | http://ir.unimas.my/id/eprint/7138/1/On%20the%20sustainability%20of%20current.pdf http://ir.unimas.my/id/eprint/7138/ http://core.ac.uk/download/pdf/10852162.pdf |
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