Series: IMF Working Papers
Author(s): Alun Thomas , Jun Kim , and Aqib Aslam
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 August 2008
Keywords: exchange rate assessment, oil-exporting countries, consumption smoothing, current account, current account balance, current accounts, current account deficit, current account deficits,
This paper introduces a methodology for assessing external balance in countries with large stocks of non-renewable resources based on oil stock data, and applies it to selected oil producing countries. The methodol...