SlideShare une entreprise Scribd logo

Bop

•Télécharger en tant que PPT, PDF•
•
G
gokulvjuv
Économie & financeBusiness
1  sur  24
The Balance of Payments (or chapter 3)
Talk Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object]
The Balance of Payments ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
For example… ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
B of P Σ (A:E) = Overall Balance Basic Balance = A+B+C Overall Balance = A+B+C+D ,[object Object],[object Object],[object Object],[object Object],B. Capital Account Capital transfers related to purchase and sale of fixed assets such as real estate ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],E. Reserves and Related Items Changes in official monetary reserves including gold and foreign exchange reserves
BOP Accounting ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Current Account ,[object Object],[object Object],[object Object],[object Object],[object Object]
For example… ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Current Account US Current Account, 1997-1999 (US$ bn)
U.S. Trade Balance vs. Balance on Services & Income, 1985-99 (US$ bn) Source: International Monetary Fund, Balance of Payments Statistics Yearbook, 2000 .
The Capital/Financial Account ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Capital/Financial Account ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Direct Investment Concerns ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Capital/Financial Account US Capital/Financial Account, 1997-1999 (billions of US$)
For example… ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
US Financial Account, 1985-99 (US$ bn) Source: International Monetary Fund, Balance of Payments Statistics Yearbook, 2000 .
Current & Financial/Capital Account Balances, US, 1992 - 1999 (US$ bn) Source: International Monetary Fund, Balance of Payments Statistics Yearbook, 2000 .
The Other Accounts ,[object Object],[object Object],[object Object],[object Object],[object Object]
The Balance of Payments in Total US Balance of Payments, Analytic Presentation, 1997-1999 Q: Why did FDI increase so much?
What if…? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Capital Mobility ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Source: “Globalization and Capital Markets,” Maurice Obstfeld and Alan M. Taylor, NBER Conference Paper, May 4-5, 2001, p. 6. Capital Mobility Low High Capital Mobility 1880 1860 1900 1920 1940 1960 1980 2000 • • • • 1880 1900 1914 1860 Gold Standard 1880-1914 • • 1960 1971 Bretton Woods 1945-1971 • • 1980 2000 Float 1971-2000 • 1918 • Interwar, 1914-1945 1929 1925 • 1945 •
Capital Flight ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Where can I find this in … BOP? ,[object Object],[object Object]

Recommandé

The balance of payments
The balance of paymentsThe balance of payments
The balance of paymentsChandan Singh
 
Balance of Payments explained
Balance of Payments explainedBalance of Payments explained
Balance of Payments explainedtheglobaleconomy
 
Balance of Payments
Balance of PaymentsBalance of Payments
Balance of PaymentsGene Hayward
 
4.5 International Economics Balance Of Payments
4.5 International Economics Balance Of Payments4.5 International Economics Balance Of Payments
4.5 International Economics Balance Of PaymentsAndrew McCarthy
 
Balance of payments and exchange rates
Balance of payments and exchange ratesBalance of payments and exchange rates
Balance of payments and exchange ratesMike Fladlien
 
Chapter 10 balance of payment
Chapter 10 balance of paymentChapter 10 balance of payment
Chapter 10 balance of paymentscheang
 
Balance of payments,prashant jain
Balance of payments,prashant jainBalance of payments,prashant jain
Balance of payments,prashant jainprashant jain
 
Current Account Deficit
Current Account DeficitCurrent Account Deficit
Current Account DeficitCp Prasad
 

Recommandé

The balance of payments
The balance of paymentsThe balance of payments
The balance of paymentsChandan Singh
 
Balance of Payments explained
Balance of Payments explainedBalance of Payments explained
Balance of Payments explainedtheglobaleconomy
 
Balance of Payments
Balance of PaymentsBalance of Payments
Balance of PaymentsGene Hayward
 
4.5 International Economics Balance Of Payments
4.5 International Economics Balance Of Payments4.5 International Economics Balance Of Payments
4.5 International Economics Balance Of PaymentsAndrew McCarthy
 
Balance of payments and exchange rates
Balance of payments and exchange ratesBalance of payments and exchange rates
Balance of payments and exchange ratesMike Fladlien
 
Chapter 10 balance of payment
Chapter 10 balance of paymentChapter 10 balance of payment
Chapter 10 balance of paymentscheang
 
Balance of payments,prashant jain
Balance of payments,prashant jainBalance of payments,prashant jain
Balance of payments,prashant jainprashant jain
 
Current Account Deficit
Current Account DeficitCurrent Account Deficit
Current Account DeficitCp Prasad
 
Balance of Payments
Balance of PaymentsBalance of Payments
Balance of PaymentsBinduHA
 
Balance of payment
Balance of paymentBalance of payment
Balance of paymentYagnesh sondarva
 
2.2. Balance Of Payment Capital Account To Finance Ca Deficit
2.2. Balance Of Payment Capital Account To Finance Ca Deficit2.2. Balance Of Payment Capital Account To Finance Ca Deficit
2.2. Balance Of Payment Capital Account To Finance Ca DeficitHai Vu
 
2.1. Balance Of Payment Current Account
2.1. Balance Of Payment Current Account2.1. Balance Of Payment Current Account
2.1. Balance Of Payment Current AccountHai Vu
 
Balance of payment
Balance of paymentBalance of payment
Balance of paymentTaha Yaseen
 
Fiscal policies to correct disequilibrium in bop
Fiscal policies to correct disequilibrium in bopFiscal policies to correct disequilibrium in bop
Fiscal policies to correct disequilibrium in bopAvinash Chavan
 
Bop
BopBop
BopSelva Nath
 
Balance of payments
Balance of paymentsBalance of payments
Balance of paymentsANUJ GOYAL
 
Balance of payments module-1
Balance of payments module-1Balance of payments module-1
Balance of payments module-1Selvi Subramaniam
 
BE Bop ppt new 1
BE Bop ppt new 1BE Bop ppt new 1
BE Bop ppt new 1GALAXY GLOBAL GROUP OF INSTITUTIONS
 
Balance of payments
Balance of paymentsBalance of payments
Balance of paymentsYakup Yaşar
 
international business trade
international business tradeinternational business trade
international business tradeNitin Patil
 
Australlian Balance of Payments - Structure
Australlian Balance of Payments - StructureAustrallian Balance of Payments - Structure
Australlian Balance of Payments - StructureAndrewTibbitt1
 
Mib bop
Mib bopMib bop
Mib bopStudsPlanet.com
 
Balance of payments
Balance of paymentsBalance of payments
Balance of paymentsPramudha NM
 
BALANCE OF PAYMENTS
BALANCE OF PAYMENTS BALANCE OF PAYMENTS
BALANCE OF PAYMENTS ANOOPA NARAYANAN
 
| Balance of Payment | BOP | Balance of Payment and Pakistan | Differences Be...
| Balance of Payment | BOP | Balance of Payment and Pakistan | Differences Be...| Balance of Payment | BOP | Balance of Payment and Pakistan | Differences Be...
| Balance of Payment | BOP | Balance of Payment and Pakistan | Differences Be...Ahmad Hassan
 
Determination of exchange rates
Determination of exchange ratesDetermination of exchange rates
Determination of exchange ratesStudsPlanet.com
 
FOREIGN DIRECT INVESTMENT AND BALANCE OF PAYMENTS IN LATIN AMERICA (1990-2011)
FOREIGN DIRECT INVESTMENT AND BALANCE OF PAYMENTS IN LATIN AMERICA (1990-2011)FOREIGN DIRECT INVESTMENT AND BALANCE OF PAYMENTS IN LATIN AMERICA (1990-2011)
FOREIGN DIRECT INVESTMENT AND BALANCE OF PAYMENTS IN LATIN AMERICA (1990-2011)pkconference
 
Balance of payment
Balance of paymentBalance of payment
Balance of paymentSuresh Thengumpallil
 
M04 eiteman0136091008 12_mbf_c04
M04 eiteman0136091008 12_mbf_c04M04 eiteman0136091008 12_mbf_c04
M04 eiteman0136091008 12_mbf_c04satluy
 
Ppt ch03 balance of payments
Ppt ch03 balance of paymentsPpt ch03 balance of payments
Ppt ch03 balance of paymentszaheerhusen
 

Contenu connexe

Tendances

Balance of Payments
Balance of PaymentsBalance of Payments
Balance of PaymentsBinduHA
 
2.2. Balance Of Payment Capital Account To Finance Ca Deficit
2.2. Balance Of Payment Capital Account To Finance Ca Deficit2.2. Balance Of Payment Capital Account To Finance Ca Deficit
2.2. Balance Of Payment Capital Account To Finance Ca DeficitHai Vu
 
2.1. Balance Of Payment Current Account
2.1. Balance Of Payment Current Account2.1. Balance Of Payment Current Account
2.1. Balance Of Payment Current AccountHai Vu
 
Balance of payment
Balance of paymentBalance of payment
Balance of paymentTaha Yaseen
 
Fiscal policies to correct disequilibrium in bop
Fiscal policies to correct disequilibrium in bopFiscal policies to correct disequilibrium in bop
Fiscal policies to correct disequilibrium in bopAvinash Chavan
 
Balance of payments
Balance of paymentsBalance of payments
Balance of paymentsANUJ GOYAL
 
Balance of payments module-1
Balance of payments module-1Balance of payments module-1
Balance of payments module-1Selvi Subramaniam
 
Balance of payments
Balance of paymentsBalance of payments
Balance of paymentsYakup Yaşar
 
international business trade
international business tradeinternational business trade
international business tradeNitin Patil
 
Australlian Balance of Payments - Structure
Australlian Balance of Payments - StructureAustrallian Balance of Payments - Structure
Australlian Balance of Payments - StructureAndrewTibbitt1
 
Balance of payments
Balance of paymentsBalance of payments
Balance of paymentsPramudha NM
 
| Balance of Payment | BOP | Balance of Payment and Pakistan | Differences Be...
| Balance of Payment | BOP | Balance of Payment and Pakistan | Differences Be...| Balance of Payment | BOP | Balance of Payment and Pakistan | Differences Be...
| Balance of Payment | BOP | Balance of Payment and Pakistan | Differences Be...Ahmad Hassan
 
Determination of exchange rates
Determination of exchange ratesDetermination of exchange rates
Determination of exchange ratesStudsPlanet.com
 
FOREIGN DIRECT INVESTMENT AND BALANCE OF PAYMENTS IN LATIN AMERICA (1990-2011)
FOREIGN DIRECT INVESTMENT AND BALANCE OF PAYMENTS IN LATIN AMERICA (1990-2011)FOREIGN DIRECT INVESTMENT AND BALANCE OF PAYMENTS IN LATIN AMERICA (1990-2011)
FOREIGN DIRECT INVESTMENT AND BALANCE OF PAYMENTS IN LATIN AMERICA (1990-2011)pkconference
 

Tendances (20)

Balance of Payments
Balance of PaymentsBalance of Payments
Balance of Payments
 
Balance of payment
Balance of paymentBalance of payment
Balance of payment
 
2.2. Balance Of Payment Capital Account To Finance Ca Deficit
2.2. Balance Of Payment Capital Account To Finance Ca Deficit2.2. Balance Of Payment Capital Account To Finance Ca Deficit
2.2. Balance Of Payment Capital Account To Finance Ca Deficit
 
2.1. Balance Of Payment Current Account
2.1. Balance Of Payment Current Account2.1. Balance Of Payment Current Account
2.1. Balance Of Payment Current Account
 
Balance of payment
Balance of paymentBalance of payment
Balance of payment
 
Fiscal policies to correct disequilibrium in bop
Fiscal policies to correct disequilibrium in bopFiscal policies to correct disequilibrium in bop
Fiscal policies to correct disequilibrium in bop
 
Bop
BopBop
Bop
 
Balance of payments
Balance of paymentsBalance of payments
Balance of payments
 
Balance of payments module-1
Balance of payments module-1Balance of payments module-1
Balance of payments module-1
 
BE Bop ppt new 1
BE Bop ppt new 1BE Bop ppt new 1
BE Bop ppt new 1
 
Balance of payments
Balance of paymentsBalance of payments
Balance of payments
 
international business trade
international business tradeinternational business trade
international business trade
 
Australlian Balance of Payments - Structure
Australlian Balance of Payments - StructureAustrallian Balance of Payments - Structure
Australlian Balance of Payments - Structure
 
Mib bop
Mib bopMib bop
Mib bop
 
Balance of payments
Balance of paymentsBalance of payments
Balance of payments
 
BALANCE OF PAYMENTS
BALANCE OF PAYMENTS BALANCE OF PAYMENTS
BALANCE OF PAYMENTS
 
| Balance of Payment | BOP | Balance of Payment and Pakistan | Differences Be...
| Balance of Payment | BOP | Balance of Payment and Pakistan | Differences Be...| Balance of Payment | BOP | Balance of Payment and Pakistan | Differences Be...
| Balance of Payment | BOP | Balance of Payment and Pakistan | Differences Be...
 
Determination of exchange rates
Determination of exchange ratesDetermination of exchange rates
Determination of exchange rates
 
FOREIGN DIRECT INVESTMENT AND BALANCE OF PAYMENTS IN LATIN AMERICA (1990-2011)
FOREIGN DIRECT INVESTMENT AND BALANCE OF PAYMENTS IN LATIN AMERICA (1990-2011)FOREIGN DIRECT INVESTMENT AND BALANCE OF PAYMENTS IN LATIN AMERICA (1990-2011)
FOREIGN DIRECT INVESTMENT AND BALANCE OF PAYMENTS IN LATIN AMERICA (1990-2011)
 
Balance of payment
Balance of paymentBalance of payment
Balance of payment
 

En vedette

M04 eiteman0136091008 12_mbf_c04
M04 eiteman0136091008 12_mbf_c04M04 eiteman0136091008 12_mbf_c04
M04 eiteman0136091008 12_mbf_c04satluy
 
Ppt ch03 balance of payments
Ppt ch03 balance of paymentsPpt ch03 balance of payments
Ppt ch03 balance of paymentszaheerhusen
 
Foreign exchange risk management
Foreign exchange risk managementForeign exchange risk management
Foreign exchange risk managementYasmen Alelaiw
 
Short term financing and Sanofi-Aventis
Short term financing and Sanofi-AventisShort term financing and Sanofi-Aventis
Short term financing and Sanofi-Aventisvitusmaren
 
Foriegn sources of finance
Foriegn sources of finance Foriegn sources of finance
Foriegn sources of finance Nilesh Patil
 
“Foreign Exchange Risk Management” at Rolex Rings Pvt. Ltd., Rajkot
“Foreign Exchange Risk Management” at Rolex Rings Pvt. Ltd., Rajkot “Foreign Exchange Risk Management” at Rolex Rings Pvt. Ltd., Rajkot
“Foreign Exchange Risk Management” at Rolex Rings Pvt. Ltd., Rajkot jitharadharmesh
 
Internation parity condition
Internation parity conditionInternation parity condition
Internation parity conditionKanchan Kandel
 
Foreign Exchange Market (Forex)
Foreign Exchange Market (Forex)Foreign Exchange Market (Forex)
Foreign Exchange Market (Forex)rupamguha85
 
International financial management
International financial managementInternational financial management
International financial managementBabasab Patil
 
International and domestic source of finance
International and domestic source of financeInternational and domestic source of finance
International and domestic source of financeUttam Sarkar
 
International parity condition
International parity conditionInternational parity condition
International parity conditionMaica Batiancela
 
Source of finance and international sources
Source of finance and international sourcesSource of finance and international sources
Source of finance and international sourcesNitul Sarawagi
 
Foreign Exchange Markets
Foreign Exchange MarketsForeign Exchange Markets
Foreign Exchange MarketsRohit
 
Foreign exchange market
Foreign exchange marketForeign exchange market
Foreign exchange marketPrince Sathya
 
International Financial Management
International Financial ManagementInternational Financial Management
International Financial ManagementASAD ALI
 
Unit 4 Trade Settlement Methods, Export Finance, International Sources of Fi...
Unit 4 Trade Settlement Methods, Export Finance, International Sources of Fi...Unit 4 Trade Settlement Methods, Export Finance, International Sources of Fi...
Unit 4 Trade Settlement Methods, Export Finance, International Sources of Fi...Charu Rastogi
 
management of foreign exchange and risk management
management of foreign exchange and risk managementmanagement of foreign exchange and risk management
management of foreign exchange and risk managementAjilal
 
Sources of raising funds in international markets
Sources of raising funds in international marketsSources of raising funds in international markets
Sources of raising funds in international marketsMegha Kushwaha
 

En vedette (20)

M04 eiteman0136091008 12_mbf_c04
M04 eiteman0136091008 12_mbf_c04M04 eiteman0136091008 12_mbf_c04
M04 eiteman0136091008 12_mbf_c04
 
Ppt ch03 balance of payments
Ppt ch03 balance of paymentsPpt ch03 balance of payments
Ppt ch03 balance of payments
 
Foreign exchange risk management
Foreign exchange risk managementForeign exchange risk management
Foreign exchange risk management
 
Short term financing and Sanofi-Aventis
Short term financing and Sanofi-AventisShort term financing and Sanofi-Aventis
Short term financing and Sanofi-Aventis
 
Foriegn sources of finance
Foriegn sources of finance Foriegn sources of finance
Foriegn sources of finance
 
“Foreign Exchange Risk Management” at Rolex Rings Pvt. Ltd., Rajkot
“Foreign Exchange Risk Management” at Rolex Rings Pvt. Ltd., Rajkot “Foreign Exchange Risk Management” at Rolex Rings Pvt. Ltd., Rajkot
“Foreign Exchange Risk Management” at Rolex Rings Pvt. Ltd., Rajkot
 
Internation parity condition
Internation parity conditionInternation parity condition
Internation parity condition
 
Foreign Exchange Market (Forex)
Foreign Exchange Market (Forex)Foreign Exchange Market (Forex)
Foreign Exchange Market (Forex)
 
International financial management
International financial managementInternational financial management
International financial management
 
International and domestic source of finance
International and domestic source of financeInternational and domestic source of finance
International and domestic source of finance
 
International parity condition
International parity conditionInternational parity condition
International parity condition
 
Source of finance and international sources
Source of finance and international sourcesSource of finance and international sources
Source of finance and international sources
 
Foreign Exchange Markets
Foreign Exchange MarketsForeign Exchange Markets
Foreign Exchange Markets
 
IRP, PPP, IFE
IRP, PPP, IFEIRP, PPP, IFE
IRP, PPP, IFE
 
Foreign exchange market
Foreign exchange marketForeign exchange market
Foreign exchange market
 
International Financial Management
International Financial ManagementInternational Financial Management
International Financial Management
 
Unit 4 Trade Settlement Methods, Export Finance, International Sources of Fi...
Unit 4 Trade Settlement Methods, Export Finance, International Sources of Fi...Unit 4 Trade Settlement Methods, Export Finance, International Sources of Fi...
Unit 4 Trade Settlement Methods, Export Finance, International Sources of Fi...
 
Balance Of Payments
Balance Of PaymentsBalance Of Payments
Balance Of Payments
 
management of foreign exchange and risk management
management of foreign exchange and risk managementmanagement of foreign exchange and risk management
management of foreign exchange and risk management
 
Sources of raising funds in international markets
Sources of raising funds in international marketsSources of raising funds in international markets
Sources of raising funds in international markets
 

Similaire à Bop

Balance of payment
Balance of paymentBalance of payment
Balance of paymentgokulvjuv
 
lecture010000.ppt
lecture010000.pptlecture010000.ppt
lecture010000.pptsukses6
 
BOP SFLS accounts part 1
BOP SFLS accounts part 1BOP SFLS accounts part 1
BOP SFLS accounts part 1ianhorner3
 
Balance of payment
Balance of paymentBalance of payment
Balance of paymentPawan Kawan
 
Determination of exchange rates
Determination of exchange ratesDetermination of exchange rates
Determination of exchange ratesNits Kedia
 
Balance of payment
Balance of paymentBalance of payment
Balance of paymentKaran Desai
 
IBE303 Lecture 7
IBE303 Lecture 7IBE303 Lecture 7
IBE303 Lecture 7saark
 
Balance of payments[1].ppt
Balance of payments[1].pptBalance of payments[1].ppt
Balance of payments[1].pptRichaGoel44
 
IFM Presentation 1.pptx
IFM Presentation 1.pptxIFM Presentation 1.pptx
IFM Presentation 1.pptxuday231983
 
Imf 3balance of payment arp
Imf 3balance of payment arpImf 3balance of payment arp
Imf 3balance of payment arpRaunak Jain
 
Balance of Payments
Balance of PaymentsBalance of Payments
Balance of PaymentsAkshay Singh
 
World trade and investment
World trade and investmentWorld trade and investment
World trade and investmentShivani Gupta
 
Balancing payments, savings and external wealth
Balancing payments, savings and external wealthBalancing payments, savings and external wealth
Balancing payments, savings and external wealthAsusena Tártaros
 

Similaire à Bop (20)

Balance of payment
Balance of paymentBalance of payment
Balance of payment
 
lecture010000.ppt
lecture010000.pptlecture010000.ppt
lecture010000.ppt
 
BOP SFLS accounts part 1
BOP SFLS accounts part 1BOP SFLS accounts part 1
BOP SFLS accounts part 1
 
Balance of payment
Balance of paymentBalance of payment
Balance of payment
 
Determination of exchange rates
Determination of exchange ratesDetermination of exchange rates
Determination of exchange rates
 
Bop
BopBop
Bop
 
Balance of payment
Balance of paymentBalance of payment
Balance of payment
 
Ifm bop
Ifm bopIfm bop
Ifm bop
 
Mib bop
Mib bopMib bop
Mib bop
 
IBE303 Lecture 7
IBE303 Lecture 7IBE303 Lecture 7
IBE303 Lecture 7
 
Balance of payments[1].ppt
Balance of payments[1].pptBalance of payments[1].ppt
Balance of payments[1].ppt
 
Bop done
Bop doneBop done
Bop done
 
IFM Presentation 1.pptx
IFM Presentation 1.pptxIFM Presentation 1.pptx
IFM Presentation 1.pptx
 
Balance of payments
Balance of paymentsBalance of payments
Balance of payments
 
Imf 3balance of payment arp
Imf 3balance of payment arpImf 3balance of payment arp
Imf 3balance of payment arp
 
Accounting principles in bop
Accounting principles in bopAccounting principles in bop
Accounting principles in bop
 
Balance of Payments
Balance of PaymentsBalance of Payments
Balance of Payments
 
Balance of payment
Balance of paymentBalance of payment
Balance of payment
 
World trade and investment
World trade and investmentWorld trade and investment
World trade and investment
 
Balancing payments, savings and external wealth
Balancing payments, savings and external wealthBalancing payments, savings and external wealth
Balancing payments, savings and external wealth
 

Dernier

Vip Call US 📞 7738631006 ✅Call Girls In Sakinaka ( Mumbai )
Vip Call US 📞 7738631006 ✅Call Girls In Sakinaka ( Mumbai )Vip Call US 📞 7738631006 ✅Call Girls In Sakinaka ( Mumbai )
Vip Call US 📞 7738631006 ✅Call Girls In Sakinaka ( Mumbai )Pooja Nehwal
 
VIP Independent Call Girls in Taloja 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
VIP Independent Call Girls in Taloja 🌹 9920725232 ( Call Me ) Mumbai Escorts ...VIP Independent Call Girls in Taloja 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
VIP Independent Call Girls in Taloja 🌹 9920725232 ( Call Me ) Mumbai Escorts ...dipikadinghjn ( Why You Choose Us? ) Escorts
 
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...Call Girls in Nagpur High Profile
 
VIP Independent Call Girls in Mira Bhayandar 🌹 9920725232 ( Call Me ) Mumbai ...
VIP Independent Call Girls in Mira Bhayandar 🌹 9920725232 ( Call Me ) Mumbai ...VIP Independent Call Girls in Mira Bhayandar 🌹 9920725232 ( Call Me ) Mumbai ...
VIP Independent Call Girls in Mira Bhayandar 🌹 9920725232 ( Call Me ) Mumbai ...dipikadinghjn ( Why You Choose Us? ) Escorts
 
Enjoy Night⚡Call Girls Patel Nagar Delhi >༒8448380779 Escort Service
Enjoy Night⚡Call Girls Patel Nagar Delhi >༒8448380779 Escort ServiceEnjoy Night⚡Call Girls Patel Nagar Delhi >༒8448380779 Escort Service
Enjoy Night⚡Call Girls Patel Nagar Delhi >༒8448380779 Escort ServiceDelhi Call girls
 
WhatsApp 📞 Call : 9892124323 ✅Call Girls In Chembur ( Mumbai ) secure service
WhatsApp 📞 Call : 9892124323 ✅Call Girls In Chembur ( Mumbai ) secure serviceWhatsApp 📞 Call : 9892124323 ✅Call Girls In Chembur ( Mumbai ) secure service
WhatsApp 📞 Call : 9892124323 ✅Call Girls In Chembur ( Mumbai ) secure servicePooja Nehwal
 
VIP Call Girl in Mumbai Central 💧 9920725232 ( Call Me ) Get A New Crush Ever...
VIP Call Girl in Mumbai Central 💧 9920725232 ( Call Me ) Get A New Crush Ever...VIP Call Girl in Mumbai Central 💧 9920725232 ( Call Me ) Get A New Crush Ever...
VIP Call Girl in Mumbai Central 💧 9920725232 ( Call Me ) Get A New Crush Ever...dipikadinghjn ( Why You Choose Us? ) Escorts
 
Top Rated Pune Call Girls Dighi ⟟ 6297143586 ⟟ Call Me For Genuine Sex Servi...
Top Rated Pune Call Girls Dighi ⟟ 6297143586 ⟟ Call Me For Genuine Sex Servi...Top Rated Pune Call Girls Dighi ⟟ 6297143586 ⟟ Call Me For Genuine Sex Servi...
Top Rated Pune Call Girls Dighi ⟟ 6297143586 ⟟ Call Me For Genuine Sex Servi...Call Girls in Nagpur High Profile
 
Booking open Available Pune Call Girls Talegaon Dabhade 6297143586 Call Hot ...
Booking open Available Pune Call Girls Talegaon Dabhade 6297143586 Call Hot ...Booking open Available Pune Call Girls Talegaon Dabhade 6297143586 Call Hot ...
Booking open Available Pune Call Girls Talegaon Dabhade 6297143586 Call Hot ...Call Girls in Nagpur High Profile
 
Top Rated Pune Call Girls Sinhagad Road ⟟ 6297143586 ⟟ Call Me For Genuine S...
Top Rated Pune Call Girls Sinhagad Road ⟟ 6297143586 ⟟ Call Me For Genuine S...Top Rated Pune Call Girls Sinhagad Road ⟟ 6297143586 ⟟ Call Me For Genuine S...
Top Rated Pune Call Girls Sinhagad Road ⟟ 6297143586 ⟟ Call Me For Genuine S...Call Girls in Nagpur High Profile
 
VIP Call Girl in Thane 💧 9920725232 ( Call Me ) Get A New Crush Everyday With...
VIP Call Girl in Thane 💧 9920725232 ( Call Me ) Get A New Crush Everyday With...VIP Call Girl in Thane 💧 9920725232 ( Call Me ) Get A New Crush Everyday With...
VIP Call Girl in Thane 💧 9920725232 ( Call Me ) Get A New Crush Everyday With...dipikadinghjn ( Why You Choose Us? ) Escorts
 
Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...
Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...
Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...priyasharma62062
 
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...dipikadinghjn ( Why You Choose Us? ) Escorts
 
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...ssifa0344
 
Indore Real Estate Market Trends Report.pdf
Indore Real Estate Market Trends Report.pdfIndore Real Estate Market Trends Report.pdf
Indore Real Estate Market Trends Report.pdfSaviRakhecha1
 
Call Girls Banaswadi Just Call 👗 7737669865 👗 Top Class Call Girl Service Ban...
Call Girls Banaswadi Just Call 👗 7737669865 👗 Top Class Call Girl Service Ban...Call Girls Banaswadi Just Call 👗 7737669865 👗 Top Class Call Girl Service Ban...
Call Girls Banaswadi Just Call 👗 7737669865 👗 Top Class Call Girl Service Ban...amitlee9823
 
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...dipikadinghjn ( Why You Choose Us? ) Escorts
 

Dernier (20)

Vip Call US 📞 7738631006 ✅Call Girls In Sakinaka ( Mumbai )
Vip Call US 📞 7738631006 ✅Call Girls In Sakinaka ( Mumbai )Vip Call US 📞 7738631006 ✅Call Girls In Sakinaka ( Mumbai )
Vip Call US 📞 7738631006 ✅Call Girls In Sakinaka ( Mumbai )
 
VIP Independent Call Girls in Taloja 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
VIP Independent Call Girls in Taloja 🌹 9920725232 ( Call Me ) Mumbai Escorts ...VIP Independent Call Girls in Taloja 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
VIP Independent Call Girls in Taloja 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
 
From Luxury Escort Service Kamathipura : 9352852248 Make on-demand Arrangemen...
From Luxury Escort Service Kamathipura : 9352852248 Make on-demand Arrangemen...From Luxury Escort Service Kamathipura : 9352852248 Make on-demand Arrangemen...
From Luxury Escort Service Kamathipura : 9352852248 Make on-demand Arrangemen...
 
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...
 
VIP Independent Call Girls in Mira Bhayandar 🌹 9920725232 ( Call Me ) Mumbai ...
VIP Independent Call Girls in Mira Bhayandar 🌹 9920725232 ( Call Me ) Mumbai ...VIP Independent Call Girls in Mira Bhayandar 🌹 9920725232 ( Call Me ) Mumbai ...
VIP Independent Call Girls in Mira Bhayandar 🌹 9920725232 ( Call Me ) Mumbai ...
 
Enjoy Night⚡Call Girls Patel Nagar Delhi >༒8448380779 Escort Service
Enjoy Night⚡Call Girls Patel Nagar Delhi >༒8448380779 Escort ServiceEnjoy Night⚡Call Girls Patel Nagar Delhi >༒8448380779 Escort Service
Enjoy Night⚡Call Girls Patel Nagar Delhi >༒8448380779 Escort Service
 
WhatsApp 📞 Call : 9892124323 ✅Call Girls In Chembur ( Mumbai ) secure service
WhatsApp 📞 Call : 9892124323 ✅Call Girls In Chembur ( Mumbai ) secure serviceWhatsApp 📞 Call : 9892124323 ✅Call Girls In Chembur ( Mumbai ) secure service
WhatsApp 📞 Call : 9892124323 ✅Call Girls In Chembur ( Mumbai ) secure service
 
VIP Call Girl in Mumbai Central 💧 9920725232 ( Call Me ) Get A New Crush Ever...
VIP Call Girl in Mumbai Central 💧 9920725232 ( Call Me ) Get A New Crush Ever...VIP Call Girl in Mumbai Central 💧 9920725232 ( Call Me ) Get A New Crush Ever...
VIP Call Girl in Mumbai Central 💧 9920725232 ( Call Me ) Get A New Crush Ever...
 
Top Rated Pune Call Girls Dighi ⟟ 6297143586 ⟟ Call Me For Genuine Sex Servi...
Top Rated Pune Call Girls Dighi ⟟ 6297143586 ⟟ Call Me For Genuine Sex Servi...Top Rated Pune Call Girls Dighi ⟟ 6297143586 ⟟ Call Me For Genuine Sex Servi...
Top Rated Pune Call Girls Dighi ⟟ 6297143586 ⟟ Call Me For Genuine Sex Servi...
 
Booking open Available Pune Call Girls Talegaon Dabhade 6297143586 Call Hot ...
Booking open Available Pune Call Girls Talegaon Dabhade 6297143586 Call Hot ...Booking open Available Pune Call Girls Talegaon Dabhade 6297143586 Call Hot ...
Booking open Available Pune Call Girls Talegaon Dabhade 6297143586 Call Hot ...
 
Top Rated Pune Call Girls Sinhagad Road ⟟ 6297143586 ⟟ Call Me For Genuine S...
Top Rated Pune Call Girls Sinhagad Road ⟟ 6297143586 ⟟ Call Me For Genuine S...Top Rated Pune Call Girls Sinhagad Road ⟟ 6297143586 ⟟ Call Me For Genuine S...
Top Rated Pune Call Girls Sinhagad Road ⟟ 6297143586 ⟟ Call Me For Genuine S...
 
VIP Call Girl in Thane 💧 9920725232 ( Call Me ) Get A New Crush Everyday With...
VIP Call Girl in Thane 💧 9920725232 ( Call Me ) Get A New Crush Everyday With...VIP Call Girl in Thane 💧 9920725232 ( Call Me ) Get A New Crush Everyday With...
VIP Call Girl in Thane 💧 9920725232 ( Call Me ) Get A New Crush Everyday With...
 
Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...
Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...
Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...
 
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
 
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
 
Indore Real Estate Market Trends Report.pdf
Indore Real Estate Market Trends Report.pdfIndore Real Estate Market Trends Report.pdf
Indore Real Estate Market Trends Report.pdf
 
Call Girls Banaswadi Just Call 👗 7737669865 👗 Top Class Call Girl Service Ban...
Call Girls Banaswadi Just Call 👗 7737669865 👗 Top Class Call Girl Service Ban...Call Girls Banaswadi Just Call 👗 7737669865 👗 Top Class Call Girl Service Ban...
Call Girls Banaswadi Just Call 👗 7737669865 👗 Top Class Call Girl Service Ban...
 
Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7
Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7
Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7
 
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...
 
(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7
(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7
(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7
 

Bop

  • 1. The Balance of Payments (or chapter 3)
  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9. The Current Account US Current Account, 1997-1999 (US$ bn)
  • 10. U.S. Trade Balance vs. Balance on Services & Income, 1985-99 (US$ bn) Source: International Monetary Fund, Balance of Payments Statistics Yearbook, 2000 .
  • 11.
  • 12.
  • 13.
  • 14. The Capital/Financial Account US Capital/Financial Account, 1997-1999 (billions of US$)
  • 15.
  • 16. US Financial Account, 1985-99 (US$ bn) Source: International Monetary Fund, Balance of Payments Statistics Yearbook, 2000 .
  • 17. Current & Financial/Capital Account Balances, US, 1992 - 1999 (US$ bn) Source: International Monetary Fund, Balance of Payments Statistics Yearbook, 2000 .
  • 18.
  • 19. The Balance of Payments in Total US Balance of Payments, Analytic Presentation, 1997-1999 Q: Why did FDI increase so much?
  • 20.
  • 21.
  • 22. Source: “Globalization and Capital Markets,” Maurice Obstfeld and Alan M. Taylor, NBER Conference Paper, May 4-5, 2001, p. 6. Capital Mobility Low High Capital Mobility 1880 1860 1900 1920 1940 1960 1980 2000 • • • • 1880 1900 1914 1860 Gold Standard 1880-1914 • • 1960 1971 Bretton Woods 1945-1971 • • 1980 2000 Float 1971-2000 • 1918 • Interwar, 1914-1945 1929 1925 • 1945 •
  • 23.
  • 24.