The Infona portal uses cookies, i.e. strings of text saved by a browser on the user's device. The portal can access those files and use them to remember the user's data, such as their chosen settings (screen view, interface language, etc.), or their login data. By using the Infona portal the user accepts automatic saving and using this information for portal operation purposes. More information on the subject can be found in the Privacy Policy and Terms of Service. By closing this window the user confirms that they have read the information on cookie usage, and they accept the privacy policy and the way cookies are used by the portal. You can change the cookie settings in your browser.
The are some minimal surpluses of international financial flows (on the capital and reserve
account) that are needed to support critical payment deficit at the previous level in the next period.
If the amount of critical deficits is in excess over the total accessible surplus of international
capital flows, it inevitably leads to a violent and forced correction of ...
This paper describes an attempt to analysis factors that contribute to the rise of the external
imbalances in domestic economy, namely: debt crises, volatility fluctuations of capital flows and
diminishing predictability of international solvency. None of these factors fully explain the all
reasons of escalation of external disequilibrium. Only researching them in an integral relation
allows for...
In the most developing and transforming countries, the crucial constraint on the growth rate
income and growth of demand, is the current balance of payments and the inability to finance
a current account deficit because of low capital accumulation. Export growth relaxes a constraint
on current account and allows all other components of demand (consumption, investment and
budget expenditure) to...
Set the date range to filter the displayed results. You can set a starting date, ending date or both. You can enter the dates manually or choose them from the calendar.