The Size and Sustainability of the Nigerian Current Account Deficits /
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| Author / Creator: | Adedeji, Olumuyiwa. |
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| 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: | |
| Format: | E-Resource Book |
| URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/13357253 |
| 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. |
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| Item Description: | Available in PDF, ePUB, and Mobi formats on the Internet. |
| Physical Description: | 1 online resource (33 pages) |
| ISBN: | 1451897022 9781451897029 1462374182 9781462374182 1451986440 9781451986440 1281430064 9781281430069 9786613780348 6613780340 |
| ISSN: | 2227-8885 ; |