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External Imbalances and Fiscal Policy in the Group of Three Countries: The Role of Stock-Flow Dynamics

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  • International Monetary Fund

Abstract

This paper discusses recent empirical research on the interplay between fiscal policies and external imbalances in the G3 countries, focusing on the stock-flow dynamics of public and foreign deficits and debt accumulation.

Suggested Citation

  • International Monetary Fund, 1989. "External Imbalances and Fiscal Policy in the Group of Three Countries: The Role of Stock-Flow Dynamics," IMF Working Papers 1989/081, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:1989/081
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