Testing the validity of twin deficit hypothesis in Pacific island countries: an empirical investigation

Pacific island countries (PICs), since the mid 1990s, have been struggling with current account deficits in their balance of payments. Declining aid inflows and contraction in their traditional exports of primary goods along with growing imports of food, fuel and capital and intermediate goods have...

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Bibliographic Details
Main Authors: Jayaraman, Tiru K., Choong, Chee Keong, Law, Siong Hook
Format: Article
Language:English
Published: 2010
Online Access:http://psasir.upm.edu.my/id/eprint/16998/1/Testing%20the%20validity%20of%20twin%20deficit%20hypothesis%20in%20Pacific%20island%20countries.pdf