Naslov
Non-interest current account sustainability in Central and Eastern European (CEEC)and Baltic countries

Autori
Jošić, Hrvoje ; Jošić, Mislav

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Conference of the School of Economics and Business (6th ; 2012 ; Sarajevo) / Mehić, Eldin - Sarajevo : Ekonomski fakultet Univerziteta u Sarajevu, 2012, 307-321

ISBN
978-9958-25-077-4

Skup
Beyond the Economics Crisis: Lessons Learned and Challenges Ahead

Mjesto i datum
Sarajevo, Bosna i Hercegovina, 12.10.2012. - 13.10.2012

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
current account sustainability; non-interest current account; MFR approach; transition countries

Sažetak
The problem of current account imbalances is especially present in Central and Eastern European and Baltic transition countries. The main goal of this paper is to assess sustainability of non- interest current accounts in these countries in the last decade and give projection simulations in the medium-term (five-year period) using the approach of Milesi-Ferretti (1996). Subsequently, the aim of the paper is to determine the sustainable levels of the non-interest current account in transition countries and compare it with actual levels. Research results indicates unsustainability of non-interest current account in most of CEE and Baltic countries in the medium term, while the situation is somewhat better with included net inflows of foreign direct investments.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA