An IMF study in 2009, by MarcoTerronesandThomas Helbling, concluded that thebiggestcauseofthe switch from a globalcurrent-account deficitto a surpluswas mismeasurement of services.
An IMF study in 2009, by Marco Terrones and Thomas Helbling, concluded that the biggest cause of the switch from a global current-account deficit to a surplus was mismeasurement of services.