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FISCAL POLICY AND THE CURRENT ACCOUNT DYNAMICS IN SUB SAHARAN AFRICA

The Current Account Balance (CAB) of Sub-Sahara African (SSA) countries is characterised by persistent deficits, averaging -7.3%, -3.4%, and -2.4% as a percentage of Gross Domestic Product in 1981, 1995 and 2009, respectively. While there is a growing body of empirical literature on the determinants...

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Format: Article
Published: 2013-07
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