External Sustainability Analysis Methods and Policy Issues

This policy brief summarizes a conference on recent developments in the analysis of current account sustainability held by Research Department of the Inter- American Development Bank (IDB) and Banco de la República de Colombia organized on April 18, 2017 in Washington, DC. The purpose of the conference was to bring together economists from central banks, finance ministries, international organizations, and academics to discuss recent developments and new perspectives on the analysis of current account sustainability. The discussion was divided into three sections: i) methodological issues, ii) practical issues and iii) policy discussion, which are summarized in this document.