Learn how current transfers work in international transactions. Explore the different types, their significance, and how they ...
We estimate shocks that explain most of the variation in the current account at business cycle frequencies and over the long run. We then explore, using a standard open-economy macro model, which ...
Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. In the second quarter of 2024, China reported a customs surplus of $250 Billion, a ...
Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. China’s reported current account surplus rose from $55 billion in the second ...