The relationship between nominal interest rates and inflation has been frequently explored in both its theoretical and empirical dimensions by many scholars. Most of these studies focus on the influence of inflation on interest rates, while others investigate the effect of interest rates on...

Persistent current account deficits were observed in some developing countries that are received substantial foreign capital in the last decades. This has raised the issue of sustainability and increased the volume of studies about the measures of sustainable current account deficits in the...