Titlebook: Developing Sustainable Balance of Payments in Small Countries; Lessons from Macroec Andre Haughton Book 2017 The Editor(s) (if applicable)

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978-3-319-85043-6The Editor(s) (if applicable) and the Author(s) 2017

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Andre HaughtonProvides a case study applicable to small economies with insufficient net international reserves.Examines underlying influences of foreign currency flows over time.Considers optimal level of net inter

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https://doi.org/10.1007/978-94-007-5503-1the negative impact of the goods balance and the net income balance on the current account outweighs the positive arising from the services and current transfers. No relationship exists between the Real Exchange Rate (RER) and construction imports nor the RER and other machine imports. The analysis

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Dina Kuhlee,Jürgen Buer,Christopher Winchnt and capital account balance necessary to sustain economic activity. The results show that positive shocks to openness and domestic credit cause an increase in the optimal capital requirements needed to sustain economic activity over time. Corruption in Jamaica has a negative impact on the flow of