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The current account and foreign debt /

It is generally assumed that current account deficits are intrinsically bad. The Current Account and Foreign Debt provides a counterbalance to this common misapprehension in economic theory.

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Pitchford, J. D. (John David), 1932-
Formato: Electrónico eBook
Idioma:Inglés
Publicado: London ; New York : Routledge, 1995.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • 1. External balance
  • 2. The evolution of approaches to the current account balance
  • 3. Devaluation and the trade balance
  • 4. Macroeconomic theory
  • 5. Optimal responses of expenditure and debt
  • 6. Foreign investment
  • 7. Sustainability of private sector foreign indebtedness
  • 8. Macroeconomic policy in an open economy
  • 9. Sovereign default risk and the social cost of foreign debt / George Fane and Craig Applegate
  • 10. Overview of policy issues.