Country Economic Memorandum for Sao Tome and Principe - Background Note 2 : Is it Sustainable for Sao Tome and Príncipe to Have a Large Current Account Deficit and a Fixed Exchange Rate?

Country Economic Memorandum for Sao Tome and Principe - Background Note 2 : Is it Sustainable for Sao Tome and Príncipe to Have a Large Current Account Deficit and a Fixed Exchange Rate?

Is it sustainable for São Tomé and Príncipe to have a large current account deficit and a fixed exchange rate peg? Sao Tomé and Príncipe (STP) pegs its currency, the dobra, to the euro and has both persistent current account deficits and a persiste...

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Bibliographic Details
Main Authors: Arteta, Carlos, Kirby, Patrick
Format: Report
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
CURRENT ACCOUNT DEFICIT
FIXED EXCHANGE RATE
TRADE BALANCE
CAPITAL INFLOWS
Online Access:http://documents.worldbank.org/curated/en/751241562907012780/Country-Economic-Memorandum-Background-Note-2-Economic-Growth-and-Volatility-Is-it-Sustainable-for-Sao-Tome-and-Príncipe-to-have-a-Large-Current-Account-Deficitand-a-Fixed-Exchange-Rate
http://hdl.handle.net/10986/32141

Internet

http://documents.worldbank.org/curated/en/751241562907012780/Country-Economic-Memorandum-Background-Note-2-Economic-Growth-and-Volatility-Is-it-Sustainable-for-Sao-Tome-and-Príncipe-to-have-a-Large-Current-Account-Deficitand-a-Fixed-Exchange-Rate
http://hdl.handle.net/10986/32141

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