Detail matters when monitoring external imbalances – IMF research
Gross external debt is one of the clearest signs of vulnerability, study finds
Many countries have significant external vulnerabilities and some have seen them worsen in the Covid-19 crisis, says the International Monetary Fund.
The latest external sector report, published on August 4, also presents research highlighting the importance of going beyond headline figures in understanding risks in international investment positions.
The report highlights how some 40% of jurisdictions have “excessive” imbalances in their current accounts, either deficits or surpluses.
The
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