摘要: This paper reviews the experience with capital controls in industrial and developing countries, considers the policy issues raised when the effectiveness of cap关键词: Capital account liberalization Capital controls Capital flows DOI: 10.5089/9781451973754.001 被引量: 365 ...
aThe current account can be divided into four categories: trade in goods, trade in service, income and current transfers. Positive net income from abroad corresponds to a current account surplus; negative net income from abroad corresponds to a current account deficit. 经常往来帐户可以被划分成四个...
aThe trade numbers will see the current account deficit widen in 2012, to a forecast $67bn (4.5% of GDP), from $32bn (2.2% of GDP) for 2011. While this is a cyclical widening such an outcome would still compare relatively favourably with the 4.7% average for the 2000s. More fundamen...
CurrentAccountCapitalAccountFinancialAccountStatisticalDiscrepancySumofcreditsmustequalsumofdebits(exceptforstatisticaldiscrepancy) BalanceofPayments BalanceofPaymentsdeficitsorsurpluses –Overall,mustbalance(exceptforstatistical discrepancy)–Inanyparticularaccount,therecanbeadeficitorsurplus,e.g....
India's balance of payment has witnessed a lot of ups and downs from its inception and in coming future situation is becoming more challenging with growing concern of current account deficit (CAD) to its GDP ratio and financing of CAD in recent period. This present deficit (CAD) is mainly ...
Consequently for the case of Greece as well as for the other eurozone countries with deficits, the improvement in their fiscal situation will have a beneficial influence on their CA deficit, if accompanied by a combination of favorable changes in the net private savings, competitiveness, interest ...
New Zealand’s annual current account deficit was $27.6 billion for the year ended March 2024, equivalent to 6.8 percent of GDP. The annual deficit eased by $4.1 billion during the year due to a reduction in imported goods, lower sea transport costs, along with higher international tourism re...
Some Thoughts on the US Federal Deficit December 2, 2011Michael3 comments There’s been a lot of talk lately about the huge federal budget deficit. Along with that talk has been a lot of confusing and misleading information – accusations of “out of control spending” by the right and “...
with a large industrial sector and an infamously still substantial coal sector, and on these lower emissions, Germany produces close to four times Brazil’s GDP per capita. The environmental impact of Nusantara is likely to be the same in direction as Brazil’s program, and to the extent it...
Cline determines his own current account targets for different countries—for China the target is a current account surplus of no more than 3% of GDP while the target for the United States is a current account deficit that is no greater than 3% of GDP. The estimates of the RMB's under...