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3 International Balance of Payments Financing and Adjustment

3 International Balance of Payments Financing and Adjustment »

Source: International Money and Credit : The Policy Roles

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1984

ISBN: 9780939934270

Keywords: exchange rate, exchange rates, inflation, monetary system

With the decline in the role of gold in the international economy, the primary method that countries have used to finance payments imbalances has been borrowing and lending denomina...

11 The Two Monetary Approaches to the Balance of Payments 1 Keynesian and Johnsonian

11 The Two Monetary Approaches to the Balance of Payments 1 Keynesian and Johnsonian »

Source: Economic Theory and Financial Policy : Selected Essays of Jacques J. Polak, 1994-2004

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 December 2004

ISBN: 9780765616142

Keywords: exchange rate, monetary fund, exchange rates, monetary system, capital movements

1. Introduction In the 1950s and 60s, a number of new approaches were developed with the aim of understanding better the sequences of economic events that could lead countries into b...