The Balance of Payments in a Monetary Economy. John F. Kyle

Kazakhstan’s economic policy in 1996-2007, its character and the degree of responsibility, the correlation between economic development and balance of current accounts are considered in the article. Special attention is paid to the analysis of their macroeconomic efficiency. It is concluded that in conditions of high rates of economic growth in Kazahkstan in 2000-2007 the net profits of foreign investors are 10-11% of GDP every year. The tendency of negative balance of current accounts in favor of foreign investors is also analyzed.

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The U.S. Balance of Payments—Problems and Remedies

Financial Analysts Journal ◽

10.2469/faj.v21.n5.118 ◽

1965 ◽

Vol 21 (5) ◽

pp. 118-130

Author(s):

C. Austin Barker

Keyword(s):

Balance Of Payments ◽

The U.S

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Monetary Policy and the Balance of Payments

Financial Analysts Journal ◽

10.2469/faj.v21.n3.39 ◽

1965 ◽

Vol 21 (3) ◽

pp. 39-44

Author(s):

David L. Grove

Keyword(s):

Monetary Policy ◽

Balance Of Payments

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Analyzing the dynamics of Russia's balance of payments

Finance and Credit ◽

10.24891/fc.25.9.2006 ◽

2019 ◽

Vol 25 (9) ◽

pp. 2006-2021

Author(s):

V.V. Smirnov ◽

◽

A.V. Mulendeeva ◽

Keyword(s):

Balance Of Payments

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Economic Structure of Pakistan.—By Khawaja Amjad Saeed. Accountancy and Taxation Service Institute, Lahore, 1977. pp. 396.

The Pakistan Development Review ◽

10.30541/v17i2pp.264-265 ◽

1978 ◽

Vol 17 (2) ◽

pp. 264-265

Author(s):

Moin-ud-din Moin-ud-din

Keyword(s):

Foreign Aid ◽

Statistical Data ◽

International Comparisons ◽

Balance Of Payments ◽

Development Effort ◽

Recent Past ◽

World Economic ◽

World Economic Order ◽

The Impact ◽

Vast Range

A number of books on Pakistan's economy have recently been published, but most of them do hot provide the latest statistical data or keep pace with events and development during the 1970's. The book under review, however, has admirably fulfilled the requirements. It covers a vast range of subjects concerning economic development in the country during the recent past The book is divided into nine parts and covers such diverse areas as development, industry, the price situation and the impact of inflation, Pakistan's planning and development effort, trade priorities and balance of payments situation, .taxation* foreign aid, and socio-economic reforms. The analysis is general, broadbased, and historical in perspective and a large amount of data have been put together. To bring out a clearer picture international comparisons are made whereever possible, especially in the last part of the book where the author reiterates on the need for a "New World Economic Order".

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Pakistan's Export Possibilities

The Pakistan Development Review ◽

10.30541/v12i1pp.1-30 ◽

1973 ◽

Vol 12 (1) ◽

pp. 1-30

Author(s):

Syed Nawab Haider Naqvi

Keyword(s):

Economic Growth ◽

Foreign Aid ◽

Policy Maker ◽

Time Horizon ◽

Price Level ◽

Balance Of Payments ◽

Domestic Saving ◽

Trade Offs ◽

High Level

The recent uncertainties about aid flows have underscored the need for achieving an early independence from foreign aid. The Perspective Plan (1,965-85) had envisaged the termination of Pakistan's dependence on foreign aid by 1985. However, in the context of West Pakistan alone the time horizon can now be advanced by several years with considerable confidence in its economy to pull the trick. The difficulties of achieving independence from foreign aid can be seen by reference to the fact that aid flows make it possible for the policy-maker to pursue such ostensibly incompatible objectives as a balance in international payments (i.e., foreign aid finances the balance of payments), higher rates of economic growth (Lei, it pulls up domestic saving and investment levels), a high level of employment (i.e., it keeps the industries working at a fuller capacity than would otherwise be the case), and a reasonably stable price level (i.e., it lets a higher level of imports than would otherwise be possible). Without aid, then a simultaneous attainment of all these objectives at the former higher levels together with the balance in foreign payments may become well-nigh impos¬sible. Choices are, therefore, inevitable not for definite places in the hierarchy of values, but rather for occasional "trade-offs". That is to say, we will have to" choose how much to sacrifice for the attainment of one goal for the sake of somewhat better realization of another.

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