In the 1994 Brookings Panel Session on Mexico, Stanley Fischer supported the view that large current account deficits are dangerous. He argued that: The Mexican current account deficit is huge, and it is being financed largely by portfolio investment.... IMF Staff Papers, Volume 51, Special Issue, IMF Fourth Annual Research ... - Page 5 by Mr.Ashoka Mody, Mr.Robert P. Flood - 2004 - 168 pages Limited preview -
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