## (Why) Should Current Account Balances Be Reduced?

_Staff Discussion Notes, March 2, 2011_

## Source details

**Canonical URL:** [(Why) Should Current Account Balances Be Reduced?](https://www.imf.org/en/publications/staff-discussion-notes/issues/2016/12/31/why-should-current-account-balances-be-reduced-24674)

## Other formats

- [Markdown version](/en/publications/staff-discussion-notes/issues/2016/12/31/why-should-current-account-balances-be-reduced-24674/index.md)
- [Structured JSON version](/en/publications/staff-discussion-notes/issues/2016/12/31/why-should-current-account-balances-be-reduced-24674/index.json)
- [Bundle manifest](/en/publications/staff-discussion-notes/issues/2016/12/31/why-should-current-account-balances-be-reduced-24674/bundle-manifest.json)

## Bibliographic details
- Authors: Gian M Milesi-Ferretti, Olivier J Blanchard
- Published: March 2, 2011
- Series: Staff Discussion Notes
- DOI: https://doi.org/10.5089/9781462384860.006

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### Document overview
- Authors: Gian M Milesi-Ferretti, Olivier J Blanchard
- Publication date: March 2, 2011
- Series: Staff Discussion Notes No. 2011/003
- Issue: 003
- Pages: 14
- Volume: 2011
- DOI: https://doi.org/10.5089/9781462384860.006
- Stock No: SDNEA2011003
- ISBN: 9781462384860
- ISSN: 2617-6750
- Format note: Web-only Staff Discussion Note; brief and written in nontechnical language, aimed at a broad audience interested in economic policy issues.

### Purpose and scope
- Purpose: Published to elicit comment and to further debate; represents views of the authors and not necessarily IMF views or IMF policy.
- Intended audience: Broad audience interested in economic policy issues.
- The Web-only Staff Discussion Notes series replaced Staff Position Notes in January 2011.

### Thematic coverage (as listed)
- Balance of payments
- Current account balance
- Current account deficits
- Current account surpluses
- Exchange rates
- Export performance
- International trade
- Sudden stops

### Keywords (as listed)
- A. current account deficit
- countries domestic
- current account
- Current account balance
- Current account deficits
- current account surplus
- Current account surpluses
- deficit
- deficit country
- exchange rate
- exchange rates
- Export performance
- export-led growth strategy
- Global
- global imbalances
- SDN
- Sudden stops
- surplus
- surplus country

### Publication and access notes
- Download PDF and other formats available via IMF eLibrary (as indicated on the landing page).
- Citation example provided in Chicago format on the landing page.

*This summary is based solely on the content of the IMF landing page for the Staff Discussion Note "(Why) Should Current Account Balances Be Reduced?"*

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## Content in this bundle

- **_sdn1103 - Executive Summary**
  - [_sdn1103 - Executive Summary (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/sdn/2011/_sdn1103.pdf.md){rel="alternate" type="text/markdown"}
  - [_sdn1103 - Executive Summary (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/sdn/2011/_sdn1103.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/staff-discussion-notes/issues/2016/12/31/why-should-current-account-balances-be-reduced-24674_