Framework for Sustainability of the Current Account

But this sustainability condition, while useful, is not easy to assess in practice.
Even under initial negative ‘A’ values over the next few years the current account can be said to be sustainable if during the latter periods large positive non-interest non-energy current account-to-GDP, EU grants-to-GDP, and FDI-to-GDP ratios, and relatively low values of energy import bill-to-GDP ratio are assumed.
The analysis thus depends on the assumptions one makes about the evolution of A over the period 2007-2016.

But this sustainability condition, while useful, is not easy to assess in practice.