All Questions
Tagged with balance-of-payments macroeconomics
6 questions with no upvoted or accepted answers
3
votes
0
answers
46
views
help understanding the "financing" of the current account
I often hear phrases like country XYZ "finances its current account deficit through flows in its financial account". i have a tough time understanding this idea of "financing" a current account ...
- 31
2
votes
1
answer
236
views
The gold standard and trade imbalances
I’ve recently come across a paper which states that trade imbalances during the gold standard caused outflows/inflows of gold from the country running the trade surplus/deficit thus securing balanced ...
- 187
2
votes
0
answers
37
views
Unilateral transfers in the balance of payments
In the secondary income account, unilateral transfers like unconditional foreign aid are recorded but aren't every transaction double-entry to make the balance of payments equal 0. What is the other ...
- 21
1
vote
0
answers
33
views
How does high external debt hurt GDP?
Really confused by this. Say debt burdens increase and country A now has to spend more of its income towards servicing its debt to country B, causing a fall in consumption. Country B now has more ...
- 187
1
vote
0
answers
42
views
Can anyone explain why the Swiss balance of payments is not balanced (real data)?
While doing a little research I went to the Swiss National Bank's website and downloaded their data on the Swiss balance of payments.
The data is here:
https://data.snb.ch/en/topics/aube#!/cube/...
- 405
1
vote
0
answers
30
views
Devaluation of exchange rate meaning
Pilbeam's textbook on International Finance (p. 106) says:
(...) the immediate effect of a devaluation of exchange rate from $S_1$ to $S_2$ is to make domestic good competitive (...)
How can be ...
- 31