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The current accounts deficit of the balance of payments: assessment of the acceptable level for Ukraine

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  • S. Nikolaychuk, N. Shapovalenko

Abstract

The article deals with the acceptability of current account (CA) deficit in the context of external sustainability. The authors emphasize the importance of maintaining the CA deficit at the acceptable level and reveal its role in triggering financial crises. Using different approaches, they estimate acceptable levels of CA balance over the historical period and in the medium run.

Suggested Citation

  • S. Nikolaychuk, N. Shapovalenko, 2010. "The current accounts deficit of the balance of payments: assessment of the acceptable level for Ukraine," Economy and Forecasting, Valeriy Heyets, issue 2, pages 74-87.
    • Handle: RePEc:eip:journl:y:2010:i:2:p:74-87
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    File URL: http://eip.org.ua/docs/EP_10_2_74_uk.pdf
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    Cited by:

    1. Shapovalenko Nadiia V. & Tokarchuk Taras V., 2016. "Analysis of External Imbalances in the Economy of Ukraine on the Basis of Determining an Acceptable Level of the Current Account of Balance of Payments," The Problems of Economy, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), issue 4, pages 57-66.

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