Year: 2016
Type: other
Abstract: Malta’s current account has improved substantially since 2009, by about four times the change seen in the euro area. The note establishes that Malta’s current account is stationary, a necessary condition for avoiding sustainability problems in external accounts. This reflects a recovery in the national saving rate. Conversely investment has declined.
Source: OAR@UM (University of Malta)
Authors: Aaron George Grech, Noel Rapa
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2891069342