 | Are African Current Account Deficits Different? Stylized Facts, Transitory Shocks, and Decomposition Analysis Author/Editor: Luisa Zanforlin, César Calderón, Alberto Chong. Release Date:January, 2001 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 more...
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