The Current Account Issue Revisited.

I asked "Does the Current Account Matter?" in Corden (1991). In that article I made a distinction between the Old View and the New View of the current account. The present paper will not repeat the exposition of these two views in any detail. Rather, the aim is both to improve on the rigour of the earlier analysis, and to display the relationships among various points of view, all of which seem reasonable.

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Year of publication:	1996
Authors:	Corden, W.M.
Institutions:	Research School of Economics, College of Business and Economics
Subject:	BALANCE OF PAYMENTS \| TRADE \| INTERNATIONAL TRADE \| PUBLIC DEBT \| INTERNATIONAL FINANCE

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Series:	CEPR Discussion Papers.
Type of publication:	Book / Working Paper
Notes:	20 pages
Classification:	F10 - Trade. General ; F30 - International Finance. General ; F32 - Current Account Adjustment; Short-Term Capital Movements ; F39 - International Finance. Other
Source:	RePEc - Research Papers in Economics

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