• Study Resource
  • Explore
    • Arts & Humanities
    • Business
    • Engineering & Technology
    • Foreign Language
    • History
    • Math
    • Science
    • Social Science

    Top subcategories

    • Advanced Math
    • Algebra
    • Basic Math
    • Calculus
    • Geometry
    • Linear Algebra
    • Pre-Algebra
    • Pre-Calculus
    • Statistics And Probability
    • Trigonometry
    • other →

    Top subcategories

    • Astronomy
    • Astrophysics
    • Biology
    • Chemistry
    • Earth Science
    • Environmental Science
    • Health Science
    • Physics
    • other →

    Top subcategories

    • Anthropology
    • Law
    • Political Science
    • Psychology
    • Sociology
    • other →

    Top subcategories

    • Accounting
    • Economics
    • Finance
    • Management
    • other →

    Top subcategories

    • Aerospace Engineering
    • Bioengineering
    • Chemical Engineering
    • Civil Engineering
    • Computer Science
    • Electrical Engineering
    • Industrial Engineering
    • Mechanical Engineering
    • Web Design
    • other →

    Top subcategories

    • Architecture
    • Communications
    • English
    • Gender Studies
    • Music
    • Performing Arts
    • Philosophy
    • Religious Studies
    • Writing
    • other →

    Top subcategories

    • Ancient History
    • European History
    • US History
    • World History
    • other →

    Top subcategories

    • Croatian
    • Czech
    • Finnish
    • Greek
    • Hindi
    • Japanese
    • Korean
    • Persian
    • Swedish
    • Turkish
    • other →
 
Profile Documents Logout
Upload
Debate The End of Peripheries? On the Enduring Relevance of
Debate The End of Peripheries? On the Enduring Relevance of

... markets’ and the direction of capital flows from them to the United States both stand in contrast to the classic nineteenth century set-up in which Great Britain exported manufactures and finance to the peripheries in exchange for commodities. By using the nineteenth century international economic o ...
Current Account Norms in Natural Resource Rich and Capital
Current Account Norms in Natural Resource Rich and Capital

... Resource-rich developing countries (RRDCs) with exhaustible natural resources have to manage windfalls that may induce signi…cant macroeconomic e¤ects in their economies, including on external stability.1 During a windfall, they must decide how much to consume or save out of this transitory and size ...
AP Macroeconomics Course Syllabus 2014-2015
AP Macroeconomics Course Syllabus 2014-2015

... 4) What is mean by the term “marginal” when applied to the terms cost and  benefit?  5) What is mean by the “economizing problem?”  6) What factors will cause a shift in demand and/ or supply?  7) What is the “invisible hand?” Who originated this idea?  ...
National Asset-Liability Management Europe Symposium
National Asset-Liability Management Europe Symposium

... extents of external shocks are transmitted to domestic economies of emerging markets. The first transmission way of external shocks is the trade channel. In recent decades EMEs have increased their share of global exports and recorded strong growth in interregional and intra-regional trade among eme ...
The Case for Open Global Capital Markets Executive Summary by Robert Krol
The Case for Open Global Capital Markets Executive Summary by Robert Krol

... strong incentive to make decisions that maximize the firm’s value, leading to better investments over time. Open capital markets also impose discipline on government policymakers. Governments that initiate inflationary or anti-growth policies will quickly draw an adverse reaction from investors. For ...
List of Non-Reporting Financial Institutions
List of Non-Reporting Financial Institutions

... A retirement or pension account can be an Excluded Account, provided that it satisfies all the requirements listed in Section VIII subparagraph C(17)(a) of the CRS. Those requirements must be satisfied under the laws of the jurisdiction where the account is maintained. In summary, it is required tha ...
PDF
PDF

... wage and employment effects of FDI in the host country labor markets. Most countries have reliable manufacturing statistics, so it is possible to gather information on wage and employment figures for most sectors, to examine such effects. Secondly, foreign investment is welcome for possible technolo ...
Past experience of EU countries with sustaining large primary
Past experience of EU countries with sustaining large primary

... was also considerable: for example, in Greece a cyclically adjusted primary surplus of 4.8% of GDP was achieved in 1994 following a cumulative adjustment of 10.1 percentage points of GDP over a four-year period (1991-1994). Likewise, Sweden achieved a cyclically adjusted primary surplus of 3.5% of G ...
REP presentation 2016
REP presentation 2016

... Following strong 2015 outcome due to one-off factors, Turkey’s growth is projected to moderate to 3.2% Current account deficit decreased on the back of lower energy import bill partly offsetting lower non-FDI capital inflows ...
Budget deficits and public debt
Budget deficits and public debt

... increase in debt it meets a high level of interest paid by govern, which constitutes a part of that expenditure increases. So, finance budget deficits increase the national debt. For these reasons, and some economists have expressed fear about the possibility that in future budgetary policy to be ab ...
NBER WORKING PAPER SERIES Manmohan Agarwal
NBER WORKING PAPER SERIES Manmohan Agarwal

... investment as a share of GDP; but there was no increase in the 1980s. The increase in investment was almost entirely in the public sector. Also, despite providing a number of incentives to exporters it was not able to prevent the stagnation in the share of exports to GDP and the emergence of an incr ...
Macroeconomic framework for 2008
Macroeconomic framework for 2008

... – Rationalizing the network of state-owned institutions; • It is also necessary to review effectiveness of state loans; • It is necessary to reduce public expenditure and deficit relative to GDP, in order to reduce macroeconomic disequilibria, regardless of the fact that the state holds high privati ...
We’re all in this together: the transmission of international 1
We’re all in this together: the transmission of international 1

... As economies have become more integrated, the importance of understanding how shocks in one country can affect the stability of others has grown. This article provides a summary of the 13 papers presented at the conference held in December 2010 by the Reserve Bank of New Zealand and the Australian N ...
Principles of Economics
Principles of Economics

... Protectionism: an ideology that views international trade as threatening to a nation and that promotes the adoption of protectionist policies – i.e., policies that restrict trade. Ways of restricting trade in material goods or ...
AQA A2 Economics Unit 4 WORKBOOK ANSWERS
AQA A2 Economics Unit 4 WORKBOOK ANSWERS

... AD = consumption + investment + government spending + (exports – imports) When there is an increase in one of the components — consumption, investment, government spending or exports — the level of economic activity in the economy will increase and real national output will increase. This will be re ...
LM curve
LM curve

... • S + T + IM line is upward-sloping because as domestic income rises, S and IM increase. • I + G + EX line is horizontal since I, G, and EX are independent of income. Copyright © 2010 Pearson Addison-Wesley. All rights reserved. ...
Chapter 8
Chapter 8

... ending balances of permanent accounts for one fiscal period represent at the beginning of the next fiscal period? What do the balances of temporary accounts show? List the Four Closing entries. ...
The IMF is Panama`s Lender of First Resort
The IMF is Panama`s Lender of First Resort

... programs--it exceeded a remarkable 7% of GDP. In fact, it has only been in the last few years that Panama has been able to put its fiscal accounts in order. Initially, very large fiscal deficits were financed through borrowing from abroad. But when the foreign debt became too high, the IMF stepped i ...
March 2017
March 2017

... Senator still has to win the primaries within the social democrat party Partido Radical, but many consider this a given. If Mr. Guillier wins the primaries, he will then face Ricardo Lagos in a vote that will include parties of Michelle Bachelet’s coalition. Conversely, the other coalition’s candida ...
Unit 5 Inflation - ICAI Knowledge Gateway
Unit 5 Inflation - ICAI Knowledge Gateway

... The average inflation rate during the seventies was still higher at 9 per cent. The decade was the most tumultuous as far as the price situation was concerned as undue hike in oil prices in this decade, once in 1972-73 and again in 1979-80 led to overall rise in prices. During the eighties, the dec ...
End of an Epoch: Britain`s Withdrawal from the Gold Standard
End of an Epoch: Britain`s Withdrawal from the Gold Standard

... policies that increased aggregate demand which promoted recovery and stimulated growth for much of the rest of the decade. This chapter traces the rise and fall of the gold standard in Britain. It considers the economic case for the gold standard and why this case was flawed. Furthermore, it conside ...
Crises in Asia or Crisis of Globalisation? Heribert Dieter November 1998
Crises in Asia or Crisis of Globalisation? Heribert Dieter November 1998

... may be rational for an individual borrower to use cheaper credit available on international markets, but for the economy of a country this collective behaviour may result in a risky situation. It is interesting to note the comments Stanley Fischer made on that issue before he became Deputy Managing ...
Fiscal Policy - European Parliament
Fiscal Policy - European Parliament

... larger economies, together with that of Portugal, had deteriorated rather than continued to improve in 2001 (see Figure 1). This situation began to cause some concern in late 2001 and early 2002. Assessing the updated national stability and convergence programmes published at the end of 2001, the Co ...
1 Concerns about the Fed's New Balance Sheet James D. Hamilton
1 Concerns about the Fed's New Balance Sheet James D. Hamilton

... magnitude of which was $818 billion as of March 25. As a result of the Treasury borrowing and ballooning excess reserves, the more than doubling in the size of the Fed’s balance sheet has so far had limited effect on the total currency in circulation. The new Fed balance sheet represents a profound ...
Ratings Direct Research Update
Ratings Direct Research Update

... Eskom benefits from a government guarantee framework of South African rand (ZAR) 350 billion (US$22 billion)--about 7% of 2015 GDP. Eskom has used approximately ZAR170 billion of this guarantee amount to date. The government has provided Eskom a support package in the form of a ZAR23 billion equity ...
< 1 ... 76 77 78 79 80 81 82 83 84 ... 208 >

Balance of payments

The balance of payments, also known as balance of international payments and abbreviated BoP or BP, of a country is the record of all economic transactions between the residents of the country and the rest of the world in a particular period (over a quarter of a year or more commonly over a year). These transactions are made by individuals, firms and government bodies. Thus the balance of payments includes all external visible and non-visible transactions of a country . It represents a summation of country's current demand and supply of the claims on foreign currencies and of foreign claims on its currency..These transactions include payments for the country's exports and imports of goods, services, financial capital, and financial transfers.It is prepared in a single currency, typically the domestic currency for the country concerned. Sources of funds for a nation, such as exports or the receipts of loans and investments, are recorded as positive or surplus items. Uses of funds, such as for imports or to invest in foreign countries, are recorded as negative or deficit items.When all components of the BOP accounts are included they must sum to zero with no overall surplus or deficit. For example, if a country is importing more than it exports, its trade balance will be in deficit, but the shortfall will have to be counterbalanced in other ways – such as by funds earned from its foreign investments, by running down central bank reserves or by receiving loans from other countries.While the overall BOP accounts will always balance when all types of payments are included, imbalances are possible on individual elements of the BOP, such as the current account, the capital account excluding the central bank's reserve account, or the sum of the two. Imbalances in the latter sum can result in surplus countries accumulating wealth, while deficit nations become increasingly indebted. The term balance of payments often refers to this sum: a country's balance of payments is said to be in surplus (equivalently, the balance of payments is positive) by a specific amount if sources of funds (such as export goods sold and bonds sold) exceed uses of funds (such as paying for imported goods and paying for foreign bonds purchased) by that amount. There is said to be a balance of payments deficit (the balance of payments is said to be negative) if the former are less than the latter. A BOP surplus (or deficit) is accompanied by an accumulation (or decumulation) of foreign exchange reserves by the central bank.Under a fixed exchange rate system, the central bank accommodates those flows by buying up any net inflow of funds into the country or by providing foreign currency funds to the foreign exchange market to match any international outflow of funds, thus preventing the funds flows from affecting the exchange rate between the country's currency and other currencies. Then the net change per year in the central bank's foreign exchange reserves is sometimes called the balance of payments surplus or deficit. Alternatives to a fixed exchange rate system include a managed float where some changes of exchange rates are allowed, or at the other extreme a purely floating exchange rate (also known as a purely flexible exchange rate). With a pure float the central bank does not intervene at all to protect or devalue its currency, allowing the rate to be set by the market, and the central bank's foreign exchange reserves do not change, and the balance of payments is always zero.
  • studyres.com © 2025
  • DMCA
  • Privacy
  • Terms
  • Report