Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. China’s reported current account surplus rose from $55 billion in the second ...
Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. In the second quarter of 2024, China reported a customs surplus of $250 Billion, a ...
We estimate shocks that explain most of the variation in the current account at business cycle frequencies and over the long run. We then explore, using a standard open-economy macro model, which ...
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South Korea's current account surplus driven by semiconductor exports
Last November, South Korea’s current account surplus expanded significantly compared to the previous month, continuing its 31st consecutive month of surplus. According to the Bank of Korea’s ‘November ...
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