000 | 02248nam a22003974a 4500 | ||
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001 | WPIEA1811999 | ||
003 | IMF | ||
005 | 20190408085326.0 | ||
006 | m o d | ||
007 | cr cn||||||||| | ||
008 | 020129s1999 dcu o i00 0 eng d | ||
020 |
_a1451859171 : _c15.00 USD |
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020 | _z9781451859171 | ||
022 | _a1018-5941 | ||
024 | 7 |
_a10.5089/9781451859171.001 _2doi |
|
035 | _a(IMF)WPIEA1811999 | ||
040 |
_aDcWaIMF _beng |
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100 | 1 | _aCallen, Tim. | |
245 | 1 | 0 |
_aAssessing External Sustainability in India _h[electronic resource] / _cTim Callen. |
260 |
_aWashington, D.C. : _bInternational Monetary Fund, _c1999. |
||
300 | _a1 online resource (30 p.) | ||
490 | 1 |
_aIMF Working Papers; Working Paper ; _vNo. 99/181 |
|
520 | 3 | _aThis paper examines the solvency and sustainability of India's external imbalances and analyzes the optimality of its capital flows. We use three approaches: an intertemporal model of the current account that allows for capital controls; a composite model of macroeconomic indicators that yields probabilities of future balance of payments crises; and scenarios that examine the path of the current account consistent with the stabilization of India's external liability-to-GDP ratio. The results indicate that India's intertemporal budget constraint is satisfied and that the path of its current account imbalances is sustainable, with some support for the optimality (given capital controls) of its external borrowing. | |
588 | _aDescription based on print version record. | ||
650 | 7 |
_aBalance of Payments _2imf |
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650 | 7 |
_aCapital Controls _2imf |
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650 | 7 |
_aCurrent Account Deficit _2imf |
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650 | 7 |
_aCurrent Account _2imf |
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650 | 7 |
_aExternal Borrowing _2imf |
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650 | 7 |
_aExternal Liabilities _2imf |
|
651 | 7 |
_aIndia _2imf |
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700 | 1 | _aCashin, Paul. | |
776 | 0 | 8 |
_iPrint Version: _aCallen, Tim. _tAssessing External Sustainability in India _dWashington, D.C. : International Monetary Fund, 1999. _z9781451859171 |
830 | 0 |
_aIMF Working Papers; Working Paper ; _vNo. 99/181 |
|
856 | 4 | 0 |
_uhttp://elibrary.imf.org/view/IMF001/00436-9781451859171/00436-9781451859171/00436-9781451859171.xml _zIMF e-Library |
856 | 4 | 0 |
_uhttp://www.imfbookstore.org/IMFORG/9781451859171 _zIMF Book Store |
999 |
_c167421 _d167421 |