Causes of disequilibrium in Balance of Payments, Steps to improve Balance of Payments position over the long term
What you’ll learn
- What is meant by Balanced, Surplus and Deficit Balance of Payments?
- What are the various causes of disequilibrium in Balance of Payments?
- What steps can be taken by a country to improve its balance of payments position over the long term?
- What is meant by Autonomous Transactions in Balance of Payments?
- What is the role of Accommodating Transactions in Balance of Payments?
Requirements
- Basic understanding of economic principles such as supply and demand, inflation and interest rates
Description
- What is the meaning of Balance of Payments?
- What are the various components of balance of payments?
- What are the three situations in respect of Balance of Payments?
- What is meant by balance in Balance of Payments?
- What is the meaning of Surplus Balance of Payments?
- What is meant by Deficit Balance of Payments?
- What is meant by disequilibrium in balance of payments?
- What are the various causes of disequilibrium in balance of payments?
- How capital flight results in disequilibrium in balance of payments?
- Speedy economic development can also cause disequilibrium in balance of payments. Discuss.
- How net outflow of unilateral transfers can unbalance the balance of payments of a country?
- Natural factors such as floods may cause disequilibrium in balance of payments. How?
- How demonstration effect may result into disequilibrium in balance of payments?
- What steps can be taken by a country to improve its balance of payments position over the long term?
- Enhancing exports and reducing imports can improve the balance of payments position. Explain.
- Which are the long term structural reforms which can improve the balance of payments position of the country over the long term?
- What is meant by Autonomous transactions and what are its examples?
- Define and explain the role of accommodating transactions in balance of payments.
Who this course is for:
- Students and any individual who enjoys learning about various concepts of economics