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Showing 1 to 5 of 5 for “"Current account sustainability"”.

  1. Current account sustainability: evidence from South Africa

    … reductions ('reversals') in South Africa's current account. It begins by providing a theoretical analysis of current account sustainability based on the intertemporal optimisation of consumption, saving and investment decisions. Drawing on these theoretical concepts, a non-structural …

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  2. Current account deficits and sustainability: evidence from South Africa

    This paper investigates current account sustainability in South Africa using stationarity and coin tegration approaches to assessing intertemporal solvency - where intertemporal solvency implies current account sustainability. The contribution in this paper are four-fold. First, we consider a key …

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  3. Examining The Sustainability Of The Current Account Balance Using A Probability Approach

    This dissertation examines the sustainability of current account deficits through a probabilistic lens, challenging the intertemporal solvency framework which assumes perfect foresight and complete markets. The intertemporal solvency framework defines current account sustainability as a country’s …

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  4. Issues in international economics: an empirical study on the sustainability, external debt and reserves management.

    … three essays include an analysis of a country’s current account and fiscal sustainability position, the role of external debt in economic growth, and the reserves and debt management.<br/>The main intention of the first essay (comprising Chapter 2) is to analyze the sustainability of the current

    soton Repository record for Issues in international economics: an empirical study on the sustainability, external debt and reserves management. (opens in a new tab)

  5. Essays on current account dynamics and fiscal rules in sub-Saharan Africa

    Large and persistent current account and fiscal deficits coexisting alongside high public debt levels pose significant risks to macroeconomic stability and limit policymaking options. This thesis focuses on the current account dynamics and fiscal policy in the sub-Saharan Africa region. Over the …

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