Finance and Development, December 1983.

This paper highlights the sources of payments problems in less developed countries. Growth in the industrial countries has a direct impact on the current account of the developing countries through its influence on both the prices and volumes of their exports. An increase in the real effective excha...

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Tác giả của công ty: International Monetary Fund. External Relations Dept
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 1983.
Loạt:Finance and Development; Finance and Development ; No. 0020/004
Truy cập trực tuyến:Full text available on IMF
Miêu tả
Tóm tắt:This paper highlights the sources of payments problems in less developed countries. Growth in the industrial countries has a direct impact on the current account of the developing countries through its influence on both the prices and volumes of their exports. An increase in the real effective exchange rate is clearly a fundamental determinant of a deteriorating current account since, other things being equal, it tends to raise domestic demand for imports and to reduce foreign demand for exports.
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Mô tả vật lý:1 online resource (56 pages)
Định dạng:Mode of access: Internet
số ISSN:0145-1707
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