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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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The Australian Experience

1 Jul 1990 RDP 9002
Warwick J. McKibbin and Steven R. Morling
This is especially important for the trade balance data which includes terms of trade effects. ... Figure 7 CURRENT ACCOUNT and TRADE BALANCE. (% GDP). (v) Does the Twin Deficits Proposition Apply?
https://www.rba.gov.au/publications/rdp/1990/9002/australian-experience.html

Public Sector Growth and the Current Account in Australia: A Longer Run Perspective

1 Jul 1990 RDP 9002
Warwick J. McKibbin and Steven R. Morling
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1990/9002.html

Conclusion

1 Jul 1990 RDP 9002
Warwick J. McKibbin and Steven R. Morling
We argue that the general deterioration in the balance of payments between 1975 and 1983 was related to the growth in the size of the public sector. ... Any remaining spillover into an improvement in the balance of payments via secondary changes in
https://www.rba.gov.au/publications/rdp/1990/9002/conclusion.html

Appendix C: Data Sources

1 Jul 1990 RDP 9002
Warwick J. McKibbin and Steven R. Morling
Catalogue No. 5602.0, Table 5. Current Account – Balance of Payments, Australia, December Quarter 1989, A.B.S. ... Catalogue No. 5302.0, Table 1. Exchange Rate – End-Period Units of foreign currency per Australian dollar, Balance of Payments,
https://www.rba.gov.au/publications/rdp/1990/9002/appendix-c.html

References

1 Jul 1990 RDP 9002
Warwick J. McKibbin and Steven R. Morling
1979), “The Balance of Payments in the 1970s” in Conference in Applied Economics Research, Reserve Bank of Australia. ... Smith, J. and D. Gruen (1989), “A Random Walk Around the $A: Expectations, Risk, Interest Rates and Consequences for External
https://www.rba.gov.au/publications/rdp/1990/9002/references.html

Introduction

1 Jul 1990 RDP 9002
Warwick J. McKibbin and Steven R. Morling
There are both positive and normative aspects to this paper. We argue that the gradual deterioration in the balance of payments since 1973 is the macroeconomic consequence of having a larger
https://www.rba.gov.au/publications/rdp/1990/9002/introduction.html

Interpreting the Australian Experience

1 Jul 1990 RDP 9002
Warwick J. McKibbin and Steven R. Morling
One way of viewing this is that fiscal policy was subject to a balance of payments constraint. ... But there is an important change: although the balance of payments appears to have improved very little, it is more sustainable than before.
https://www.rba.gov.au/publications/rdp/1990/9002/interpreting-the-australian-experience.html