"Current Account Balance Estimates for Emerging Market Economies", by Leandro Medina, Jordi Prat and Alun Thomas.
The trade balance and the broader current account balance are obviously key to what happens to the dollar.
However, imports of gold as well as petroleum -- the items largely responsible for India's unfavorable current account balance -- remained high during February.
Actually, the thing that is most often the focus is the "current account balance", which means trade in goods and services plus some financial items, including remittances that migrant workers send home.
See which government bonds have low debt-to-GDP, preferably under 30%, with low budget deficits and a current account surplus or strong current account balance in a country that is growing at least 3% GDP annually.
They do not log any information except the current account balance and the bitcoins from many TORwallets can be mixed instantly to a single address in a single transaction to make them extremely difficult to trace.
To understand why, one needs to focus on an accounting relationship: by definition, the sum of net private-sector saving (saving less investment) and public-sector saving (the budget balance) must be equal to a country's current-account balance.
These transfer payments flattered America's current-account balance in 1991 and so helped to lift the dollar.
You can still have full-employment current-account balance because we will give you transfers instead.
WSJ: The Weekend Interview with Bernard Connolly: Why the Euro Crisis Isn't Over
Since the current-account balance equals the net saving of the private and public sectors, a budget deficit boosts the external deficit.
More likely, a worsening current-account balance would weaken the yen, which hit a 14-year high against the dollar on November 26th.
One way to demonstrate this is to remember that the gap between domestic saving and investment must be equal to the current-account balance, which is probably measured more accurately.
Few expect China's current account to balance even in the medium term, but the country's surpluses are likely to stop growing so quickly and may even shrink before too long.
ECONOMIST: The flows are neither as big nor as scary as they once seemed
The best-known theory for understanding why a country's current-account balance might rise or fall was developed by Robert Mundell, a Canadian economist, and Marcus Fleming, a Briton, in the early 1960s.
IMF, and Maurice Obstfeld, an economist at the University of California at Berkeley, reckon it will take a fall of closer to 35% to get the current account back into balance.
The current account is in surplus, but at some point a falling trade balance could send the current account into deficit, creating huge dangers and risk of macro financial market disruption.
The current account is moving towards balance and exports are up.
Indeed, a report by Dresdner Kleinwort Benson finds that the euro area displays an extraordinary degree of balance at present: all three sectors the government, the private sector and the current account are in broad financial balance (see chart).
Beyond mid-year, we expect a steady decline of the trade balance to reduce the current account.
Include the account name and number, current balance, interest rate and minimum payment.
"Interest rates are coming down, current-account surpluses are emerging, corporate balance sheets are being restructured, and banking-sector recapitalization is moving along at a good pace almost everywhere in the region, " contends Manu Bhaskaran, a managing director at SG Securities (Singapore).
Germany's EU partners reckon that a country with a budget close to balance and a big current-account surplus could do more.
As such, recent trends in trade flows and the balance of payments suggest that the current account deficit for this fiscal year will likely reach a record of about 5% of GDP before narrowing closer to 4% next year.
The credit card company's Passbook functionality will include notifications for new account transactions, along with the ability to view your current balance and redeem membership rewards points.
ENGADGET: AmEx, Starbucks announce plans for Passbook integration: both live by end of the month
Public finances were mostly in balance, public debt fell and the region ran a current-account surplus.
Russia still had a current-account surplus last year, but if oil prices continue their recent decline, the balance of payments will soon look less healthy and the need for foreign investment may become more urgent.
As long as the account is open and in good standing (which it will be if your balance is zero), you will be reported to the credit bureaus as current on the account each month.
应用推荐