Chapter 13 Balance of Payments – Deficits and Debt. Debt Crisis of 1980’s. Find information on current account and capital account (IMF or Wikipedia) External debt is accumulated when Domestic saving rates are low Current account deficits are high
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
Balance of Payments – Deficits and Debt
low and BT is positive
private sector lenders, r is high and BT is negative