1 Subjects: “...External position...”

2 Subjects: “...External position...”

3 Subjects: “...External position...”

4 Subjects: “...External position...”

5 “... vintages, revisions tend to be positively correlated, suggesting perception of persistent short-term shocks...”

6 “... are positively correlated with GDP growth and terms of trade changes and negatively with GDP deflator surprises...”

7 “..., the current account, and the net foreign assets position in low income countries. The paper focuses...”

8 “... of the various studies and provides some support for a positive effect of capital account liberalization...”

9 “... assets position...”

10 “... of a strong positive relation between the CPI-based real exchange rate and commodity terms of trade...”

11 “...) for small (large) countries, exchange rates variability has a long-run negative (positive) effect on net...”

12 “... times. However, positions on instruments such as those tracking the US High Yield Spread, the VIX...”

13 “... Rate (REER) that is now part of the IMF’s methodology for the assessment of external positions...”