Search: balance of payments

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RBA Glossary definition for balance of payments

balance of payments – A summary of the economic transactions between residents of one country and residents of other countries.

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Why did it Happen?

1 May 1998 RDP 9805
Morris Goldstein and John Hawkins
16.0. 17.2. Notes: (a) Full balance of payments and timely GNP statistics are not compiled yet for Hong Kong but Ma and Hawkins suggest the current account may have ... These overvaluations were not particularly large but, when accompanied by large
https://www.rba.gov.au/publications/rdp/1998/1998-05/why-did-it-happen.html

The Origin of the Asian Financial Turmoil

1 May 1998 RDP 9805
Morris Goldstein and John Hawkins
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1998/9805.html

What Happened?

1 May 1998 RDP 9805
Morris Goldstein and John Hawkins
The April consensus forecasts imply the combined merchandise trade balance of Indonesia, Thailand and South Korea would rise by almost US$50 billion between 1997 and 1999. ... However, the available data thus far, illustrated in Figure 9, as well as the
https://www.rba.gov.au/publications/rdp/1998/1998-05/what-happened.html

References

1 May 1998 RDP 9805
Morris Goldstein and John Hawkins
5–64. Kaminsky, G. and C. Reinhart (1996), ‘The Twin Crises: the Causes of Banking and Balance of Payment Problems’, Federal Reserve International Finance Discussion Paper No.
https://www.rba.gov.au/publications/rdp/1998/1998-05/references.html