The Size and Sustainability of the Nigerian Current Account Deficits /

The Size and Sustainability of the Nigerian Current Account Deficits /

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Bibliographic Details
Author / Creator:Adedeji, Olumuyiwa.
Imprint:Washington, D.C. : International Monetary Fund, 2001.
Description:1 online resource (33 pages)
Language:English
Series:IMF Working Papers, 2227-8885 ; Working Paper No. 01/87
IMF Working Papers ; Working Paper no. 01/87.
Subject:
Nigeria.
Nigeria.
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/13357253
Hidden Bibliographic Details
Other authors / contributors:Adedeji, Olumuyiwa.
International Monetary Fund.
ISBN:1451897022
9781451897029
1462374182
9781462374182
1451986440
9781451986440
1281430064
9781281430069
9786613780348
6613780340
9781451897029
Notes:Available in PDF, ePUB, and Mobi formats on the Internet.
English.
Summary:This paper uses an intertemporal model of the current account and macroeconomic indicators to examine the size and sustainability of Nigerian current account deficits over the 1960-97 period. The results indicate that the Nigerian economy appeared to satisfy its intertemporal budget constraint during this period. However there were years marked by excessive current account deficits. The results also support the view that current account deficits accompanied by macroeconomic instability and structural weaknesses can degenerate in to an external crisis.
Standard no.:10.5089/9781451897029.001

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