Urges the British government to stem the country's expanding current account deficit. Distinction between visible and invisible trade balances, the main elements of the current account; Reasons why the British deficit should not b...
A. fourth B. second C. first D. third 相关知识点: 试题来源: 解析 [正确答案] D [答案解析] 答案选D。In 2007, the UK had the world’s third largest current account deficit.参见教材P142。 本题知识点:Development of the British Economy Since WWⅡ,反馈 收藏 ...
In September 2014, Labour outlined plans to cut the government's current account deficit and balance the budget by 2020, excluding investment. The party carried these plans into the 2015 general election,[106] which Labour lost. Its representation fell to 232 seats in the House of Commons.[107...
The first-quarter growth rate was roughly half that seen in the last six months of 2014, but most economists and the Bank of England expect growth to pick up later this year. Britain’s current account deficit also fell to 26.548 billion pounds from an upwardly revised 28.93 billion pounds,...
Ms Truss quickly discovered that one should not attempt to offer a spending bonanza against the backdrop of sharply rising inflation and interest rates, a punishing global energy crisis, as well as a British current account deficit which ballooned to an unprecedented 8 per cent of gross domestic...
Net exports fall, so the country is running a current account deficit, with its holdings of foreign bonds decreased (NFA position deteriorates). Under the crisis state, the boost in labor, wage, consumption, and output is more pronounced with the Taylor rule response shut off. This raises ...
The UK has a large and persistent current account deficit. Policy makers argue that the deficit is easily financed, temporary and therefore not a sign of structural weakness. We examine the conditions in which it is appropriate for a cou... M John,M Anthony - 《Economic Policy》 被引量: ...
Its build-up in reserves is supported by a balance-of-payments surplus, aided by a narrower current-account deficit, with the Reserve Bank of India realising the importance of maintaining a forex buffer to protect the economy during periods of market volatility. Prime Minister Narendra Modi added...
Britain’s current account deficit is the worst ever recorded in peace-time since the Bank of England started collecting records in 1772 under the reign of George III. Read more Share this: Facebook X Reddit Posted in Battle for Europe, UK economy | Tagged: brexit | Leave a Comment »Th...
As such the current account deficit is now forecast to average eight per cent of GDP in 2022 and 2023, according to Pantheon Macroeconomics, an independent research consultancy. Bank of England data going back to 1772 shows that this level of deficit has only been exceeded on three occasions,...