International Competitiveness and the Balance of Payments: Do Current Account Deficits and Surpluses Matter?

International Competitiveness and the Balance of Payments: Do Current Account Deficits and Surpluses Matter?

By: Barbara Dluhosch (author), Malte Kruger (author), Mr Andreas Freytag (author)Hardback

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Description

This text examines the determinants of current account balances, and contrasts the conventional competitiveness approach - in which deficits are assumed to indicate low competitiveness - with an intertemporal view of the balance of payments.

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Contents

The problem; determinants of the current account; measuring price and non-price competitiveness; a different view of current account balances - locational quality; four case studies; competitiveness and the current account - a spurious relationship.

Product Details

  • publication date: 07/03/1996
  • ISBN13: 9781858982106
  • Format: Hardback
  • Number Of Pages: 256
  • ID: 9781858982106
  • weight: 530
  • ISBN10: 1858982103

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