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The Balance of Payments

1993
The balance of payments is a set of accounts showing one nation’s international transactions with the rest of the world over the course of a year. The balance of payments accounts therefore record sales of goods and services (exports) and purchases of goods and services (imports).
openaire   +2 more sources

The Balance of Payments in 1970 [PDF]

open access: possibleBrookings Papers on Economic Activity, 1971
IN THE FIRST ISSUE OF THIS JOURNAL, Lawrence Krause asked whether the trade balance was tracking its usual relationships to demand changes in the United States and abroad.' This question was posed in the face of concern about the possibility that the prolonged U.S. inflation in the late 1960s had permanently affected U.S. competitiveness.
openaire   +2 more sources

Is Indonesia's growth rate balance-of-payments-constrained? A time-varying estimation approach

Review of Keynesian Economics, 2019
This paper analyses the performance of Indonesia's economy since the early 1980s using Thirlwall's balance-of-payments-constrained (BoPC) growth model, estimated in state-space form to take account of the varying nature of the income elasticities of ...
J. Felipe   +2 more
semanticscholar   +1 more source

The Balance of Payments

1972
FLUCTUATIONS in external trade were clearly an active element in the cyclical downswings of the early part of the period, but thereafter the relative stagnation of British trade can be regarded as more of a long-term drag on the economy. The statistics of trade which were available in the inter-war period, and which have been used directly by some ...
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The Balance of Payments

1963
Let us now turn to the demand side and analyse the influence of the balance of payments on British and Continental rates of growth. This influence, I argued in Chapter I, may have worked through two channels. On the one hand, it is possible that the level of investment has been determined directly by the rate of growth of exports; hence the slower ...
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The balance of payments

1987
This chapter provides an overview on the balance of payments. The balance of payments is defined as a systematic statistical account of all the economic transactions of the residents of a country with the rest of the world over a specific period, generally a year, a quarter, or a month. The balance of payments is considered as the chief statistical aid
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EMIGRATION FROM UKRAINE AS A FACTOR AFFECTING THE STATE OF ITS BALANCE OF PAYMENTS

JOURNAL OF EUROPEAN ECONOMY
This study problematizes how emigration from Ukraine impacts the condition of its balance of payments. A comparative analysis was conducted to determine whether the patterns of international financial inflows from emigrants have changed since the ...
Nazarii Lypko
semanticscholar   +1 more source

Thirlwall's law and the terms of trade: a parsimonious extension of the balance-of-payments-constrained growth model

Review of Keynesian Economics, 2019
This paper extends the balance-of-payments-constrained (BoPC) growth model and Thirlwall's law to include the terms of trade with and without capital flows. Without capital flows a positive (negative) change in the terms of trade by improving (worsening)
Esteban Pérez Caldentey   +1 more
semanticscholar   +1 more source

Analysis of the Changes and Influencing Factors of China's Balance of Payments

Journal of Statistics and Economics
Balance of payments balance, as one of the four major macroeconomic objectives, is of great significance to the internal and external economic equilibrium of a country.
Pingping Lv
semanticscholar   +1 more source

Explaining Nigeria’s Economic Growth: Balance of Payments Constrained Growth Approach With External and Internal Imbalances

South African Journal of Economics, 2019
This study employs a system estimator to examine the validity of balance of payment constrained growth model in the case of Nigeria. We modified a version of Thirlwall’s model developed by Soukiazis et al.
Yohanna Panshak   +2 more
semanticscholar   +1 more source

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