lecture 17 don devoretz n.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
Lecture 17 Don DeVoretz PowerPoint Presentation
Download Presentation
Lecture 17 Don DeVoretz

Loading in 2 Seconds...

play fullscreen
1 / 6

Lecture 17 Don DeVoretz - PowerPoint PPT Presentation


  • 65 Views
  • Uploaded on

Lecture 17 Don DeVoretz. Balance of Payments , Current Account and Capital Account. Current Account :. 1. Exports of goods and Services = A 2. Imports of G and S = B

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Lecture 17 Don DeVoretz' - wattan


An Image/Link below is provided (as is) to download presentation

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.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
lecture 17 don devoretz

Lecture 17Don DeVoretz

Balance of Payments, Current Account

and Capital Account

current account
Current Account:
  • 1. Exports of goods and Services = A
  • 2. Imports of G and S = B
  • 3. Investment Income = C
  • 4. Debt Service = D
  • 5. Remittances = E
  • Current Account = (A-B+C-D+E) < or > than 0
capital account
Capital Account
  • 6. Direct Private Investment =G
  • 7. Foreign Loans = H
  • 8. Foreign Assets Domestic Banks = I
  • 9. Capital Outflow =K
  • Capital Account= (G+H-I-K)
equilibrium balance of payments
Equilibrium: Balance of Payments
  • +/- Cash Reserves =
  • Current Plus
  • Capital Account
  • What if no CASH Reserves in hard currency ?
  • BORROW
slide5

From Whom ?

  • Private Banks: BNS
  • Bilateral Gov’t Loans
    • Japan,USA and EU
  • Multilateral
    • Inter-American Bank
    • IMF