- PII
- S268667300000572-9-1
- DOI
- 10.31857/S0000572-9-1
- Publication type
- Article
- Status
- Published
- Authors
- Volume/ Edition
- Volume / Issue 6 (570)
- Pages
- 41-56
- Abstract
- Actual problems of U.S. balance of payments are discussed in the article. One of such problems is the way of estimating and balancing current and capital accounts. In the case of U.S. the trade and current accounts deficits do not mean that the economy is in trouble. On the contrary these deficits are an result of U.S. position in world economy as the biggest and most developed market. Working for this market provides for U.S. partners possibilities to get income and move to the progress. At the same time the United States acts in the world economy as the biggest and highly sophisticated financial market which is able to accept and distribute huge financial resources. Thus an international move of capital in the U.S. balance of payments was transformed from balancing into simultaneous process depending on various events in national and world economy. It means a necessity of a new approach to dividing the U.S. balance of payments on main and balancing accounts. In modern conditions both accounts – current and capital – are balancing each other by moves of the exchange rate of the dollar.
- Keywords
- balance of payments, United States, current accounts, international capital motion, deficits, world economic leader, world financial center
- Date of publication
- 09.06.2017
- Number of purchasers
- 4
- Views
- 1152
RAS Global AffairsUSA & Canada: Economics – Politics – Culture
- ISSN (Print) 26866730
- ISSN (Online)3034-6045
NEW APPROACH TO INTERACTION BETWEEN THE BALANCE OF PAYMENTS AND THE EXCHANGE RATE IN THE UNITED STATES
Индексирование
Scopus
Crossref
Higher Attestation Commission
At the Ministry of Education and Science of the Russian Federation
Scientific Electronic Library