Current account deficits in Africa: Stylized facts and basic determinants

Earth & Environmental Sciences

• developing world 57%
• Africa 49%
• debt 29%
• savings 21%
• aid flow 19%
• income 19%
• terms of trade 19%
• balance of payments 18%
• currency 14%
• IMF 14%
• macroeconomics 14%
• elasticity 10%
• global change 10%
• effect 10%
• consolidation 10%
• persistence 9%
• inflow 9%
• economy 8%
• sustainability 8%
• consumption 7%
• public 7%
• policy 6%
• world 6%
• need 5%
• program 5%

Business & Economics

• Current Account Deficit 79%
• Stylized Facts 67%
• Africa 42%
• Developing Countries 18%
• Debt 11%
• Harberger-Laursen-Metzler Effect 10%
• Current Account Sustainability 9%
• Short-run 9%
• Global Change 8%
• Macroeconomic Uncertainty 8%
• Domestic Output 8%
• Private Savings 7%
• Fiscal Consolidation 7%
• Savings 7%
• World Economy 7%
• Disposable Income 6%
• Income Elasticity 6%
• Balance of Payments 6%
• Terms of Trade 6%
• Developing World 6%
• Output Growth 6%
• Reversal 6%
• Currency 6%
• African Countries 5%
• Openness 5%
• Depreciation 5%
• Imbalance 5%
• Persistence 5%
• Fiscal 4%

Social Sciences

• current account 100%
• deficit 55%
• determinants 47%
• developing country 20%
• savings 11%
• indebtedness 10%
• terms of trade 8%
• balance of payments 8%
• disposable income 7%
• national income 7%
• global change 6%
• difference in income 6%
• IMF 6%
• world economy 6%
• macroeconomics 6%
• currency 5%
• consolidation 5%
• persistence 4%
• uncertainty 4%
• sustainability 4%