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150128 ||| eng |
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|a 9781451803587
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245 |
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|a Benin
|b Selected Issues and Statistical Appendix
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260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2008
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300 |
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|a 65 pages
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651 |
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4 |
|a Benin
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653 |
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|a Current account
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653 |
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|a Short-term Capital Movements
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653 |
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|a Currency; Foreign exchange
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653 |
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|a Current Account Adjustment
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653 |
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|a Balance of payments
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653 |
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|a Real effective exchange rates
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653 |
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|a Exports and Imports
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653 |
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|a International economics
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653 |
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|a Foreign Exchange
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653 |
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|a Current account balance
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653 |
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|a Real exchange rates
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653 |
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|a Foreign exchange
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653 |
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|a Current account deficits
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710 |
2 |
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|a International Monetary Fund
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|a eng
|2 ISO 639-2
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|b IMF
|a International Monetary Fund
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490 |
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|a IMF Staff Country Reports
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|a 10.5089/9781451803587.002
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856 |
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|u https://elibrary.imf.org/view/journals/002/2008/287/002.2008.issue-287-en.xml?cid=22285-com-dsp-marc
|x Verlag
|3 Volltext
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|a 330
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|a This paper examines the external sustainability and competitiveness of Benin’s economy. Balance of payments flows suggest Benin’s external position is sustainable. Large trade and current account deficits are comfortably financed by inflows through the capital and financial accounts, in particular project grants and loans, private capital, and inflows to commercial banks. It is estimated that Benin could sustain a net foreign liability position in the range of 40–60 percent of GDP, corresponding to current account deficits of 3–5 percent of GDP.
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