Beschreibung

"The sustainability of the external position of a country is of prime concern to policy makers around the globe. In this respect, the current account balance is a major factor when assessing external sustainability, as the associated built-up of external liabilities may threaten the macroeconomic stability of the country. This discussion is especially relevant for Moldova, which has shown high and persistent current account deficits in the past." (Text excerpt, IAB-Doku) ((en))