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dc.titleTemplate for External Sustainability Assessment
dc.contributor.authorCastillo, Marola A.
dc.contributor.orgunitDepartment of Research and Chief Economist
dc.date.available2016-09-13T00:00:00
dc.date.issue2016-09-12T00:00:00
dc.description.abstractThis manual explains in detail the external sustainability assessment approach following Castillo (2016), given by the stock-flow relationship among net external positions, non-income current account, and real exchange rate. This approach consists of determining the non-income current account over GDP that would stabilize a benchmark net foreign asset (NFA) position over the mediumterm, and a "gap" by comparing the NFA-stabilizing non-income current account over GDP with its value expected to prevail over the medium term. The text develops an External Sustainability Template and provides guidance in the customization of empirical assessments by addressing three methodologies: Standard Approach, Endogenous Net Foreign Assets Dynamics Approach, and Fan-Charts Approach.
dc.format.extent37
dc.identifier.doihttp://dx.doi.org/10.18235/0009305
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Template-for-External-Sustainability-Assessment.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectNet Foreign Asset
dc.subjectSustainability Assessment
dc.subjectFinancial Liability
dc.subjectGDP Growth
dc.subjectExport
dc.subjectForeign Exchange
dc.subject.jelcodeE01 - Measurement and Data on National Income and Product Accounts and Wealth • Environmental Accounts
dc.subject.jelcodeF31 - Foreign Exchange
dc.subject.jelcodeF32 - Current Account Adjustment • Short-Term Capital Movements
dc.subject.jelcodeF37 - International Finance Forecasting and Simulation: Models and Applications
dc.typeTechnical Notes
idb.identifier.pubnumberTechnical Notes
idb.operationBK-C1123
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