Full-text resources of CEJSH and other databases are now available in the new Library of Science.
Visit https://bibliotekanauki.pl

Results found: 2

first rewind previous Page / 1 next fast forward last

Search results

help Sort By:

help Limit search:
first rewind previous Page / 1 next fast forward last
1
Publication available in full text mode
Content available

Bilans płatniczy a zmiany międzynarodowej pozycji inwestycyjnej w krajach Europy Środkowo-Wschodniej

100%
Sobański K., Akademia Ekonomiczna w Poznaniu K. F. M.
Acta Universitatis Lodziensis. Folia Oeconomica
|
2007
|
vol. 209
EN
The paper presents an analysis of balance of payments and its influence on international investment position of Central and Eastern European countries in the period 1996-2006. During that period CEE countries experienced high current account deficits covered by rising foreign capital flows. That led to a sharp increase in foreign liabilities. However, a deterioration of net foreign investment position stemmed mainly from a rise in negative foreign direct investment position. What is more, main international liquidity ratios (such as reserve to net international position in portfolio and other investment or reserve to import outlays) did not deteriorate much and some (such as reserve to debt, export revenues to debt) even improved. That influenced positively credibility of CEE countries. Based on experience of selected Western countries the author claims that positive scenario for future developments in CEE balance of payments is more probable than a negative one. Nevertheless the pessimistic scenario should be kept in mind and thorough analysis of balance of payments stability continued.
2
Publication available in full text mode
Content available

Równowaga bilansu płatniczego krajów rozwijających się w warunkach wzrostu gospodarczego

100%
Najlepszy E., Akademia Ekonomiczna w Poznaniu K. F. M.
Acta Universitatis Lodziensis. Folia Oeconomica
|
2007
|
vol. 209
EN
In the most developing and transforming countries, the crucial constraint on the growth rate income and growth of demand, is the current balance of payments and the inability to finance a current account deficit because of low capital accumulation. Export growth relaxes a constraint on current account and allows all other components of demand (consumption, investment and budget expenditure) to grow faster without balance of payments difficulties. This is the simplest explanations of the relationship between balance of payment, export growth and output growth.
first rewind previous Page / 1 next fast forward last
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.