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The current account and foreign debt

Author: J D Pitchford
Publisher: London ; New York : Routledge, 1995.
Edition/Format:   Print book : EnglishView all editions and formats
Database:WorldCat
Summary:

It is generally assumed that current account deficits are intrinsically bad. The Current Account and Foreign Debt provides a counterbalance to this common misapprehension in economic theory.

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Document Type: Book
All Authors / Contributors: J D Pitchford
ISBN: 0415094011 9780415094016
OCLC Number: 31738388
Description: ix, 207 pages : illustrations ; 24 cm
Contents: 1. External balance --
2. The evolution of approaches to the current account balance --
3. Devaluation and the trade balance --
4. Macroeconomic theory --
5. Optimal responses of expenditure and debt --
6. Foreign investment --
7. Sustainability of private sector foreign indebtedness --
8. Macroeconomic policy in an open economy --
9. Sovereign default risk and the social cost of foreign debt / George Fane and Craig Applegate --
10. Overview of policy issues.
Responsibility: John Pitchford.
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