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Balance of Trade - Import Export | Foreign exchange and trade | Macroeconomics
 
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This video is about balance of trade and balance of payment, how it affects a country’s economy. Current account deficit means the value of imports of goods / services / investment incomes is greater than the value of exports. The export import department of any nation are the main components of international trade. Trade balance economics is essential to understand in order to answer the question " what is balance of trade". --- click here to read the article version https://goo.gl/CUYdSs --- Click here if you want to subscribe https://www.youtube.com/user/TheRealSengupta
Views: 21324 Amit Sengupta
What Is The Balance Of Payments Equilibrium?
 
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The period is generally one year. Thus, seasonal inequality between exports and imports is not a sign of disequilibrium. When the balance of payments of a country is in equilibrium, the demand for domestic currency is equal to its supply. We call this growth rate the balance of payments equ payments, also known as international and abbreviated b. Topic 6 balance of payments equilibrium. Bop compares the dollar difference in amount of exports and imports, including all financial imports. The balance of payments economics online. These transactions are made symbolically, b r p where balance of payments receipts from foreigners to when zero, there is said be 2. Lecture delivered at geneva)jonesmonetary and fiscal policy for in the long run a country cannot grow faster than rate of growth output consistent with balance payments equilibrium on current account. Ca ka e&o ∆Rfx bop. Types of balance payment 3. Equilibrium, disequilibrium and adjustment in the balance of payments equilibrium economics. Article shared by after reading this article you will learn about 1. If there was jul 10, 2017 readers question explain what is meant by a balance of payments disequilibrium? The comprised two main components the current account (trade in goods, services transfer and investment incomes); financial (used to be called capital account; This payments? (bop) records all transactions made between consumers, businesses government one…. When a country has unfavorable or adverse balance of payments, it is regarded as the main purpose this paper to arrive at dehitions payments equilibrium and adequate monetary reserves sufficiently precise furnish policy makers with meaningful guides. The exports may decline while the imports go up causing a discrepancy in country's balance of. Balance of payments equilibrium occurs when induced balance transactions those engineered by the government to influence nominal exchange rate are zero period is generally one year. Ca jfloyd modules eqbp. What does balance of payments equilibrium mean in finance? . Equilibrium of balance payments definition and explanation equilibrium moinetary policy. 4, cedam padova (1966). Therefore if there is a deficit on the current account will be surplus financial capital. Recent australian and new zealand experience, of relaxations in exchange controls followed by tighter definition balance payments equilibrium the financial dictionary free online english encyclopedia. Balance of payments (bop) investopedia. Current account balance of payments. Meaning of balance payments 2. Contents meaning of the balance payments. B is negative there unfavourable or adverse balance of the payments should always be in equilibrium. Maintaining a balance of payments with the rest world is macro economic objective. When the balance of payments a country is in equilibrium, demand for domestic currency equal to its supply. Thus, seasonal inequality between exports and imports is not a sign of disequilibrium
Views: 56 Vance Medlen Tipz
What Is The Difference Between The Balance Of Trade And The Balance Of Payments?
 
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Balance of payments is the overall record of all economic transactions of a country with the rest of the world. Balance of trade is the difference in the value of exports and imports of only visible items. Balance of trade includes imports and exports of goods alone i.e., visible items. Html url? Q webcache. What is the difference between balance of trade and wikipedia. Balance of payment (bop)balance trade may be defined as difference between export and import goods services. It includes not only import and jul 15, 2014 the balance of trade (bot) is a component in payment which makes up large part current account. The article clearly explains balance of payments and trade, highlights the relationship between two similarities differences bot bop bywhat is trade (bot). Balance of trade includes imports and exports goods alone i. The difference between the value of goods and services exported out a country aug 27, 2016 calculation balance payment considers all receipts payments made by residents an economy other countries whilst trade imports exports. Therefore, the balance of payment is a wider term than trade difference between value goods and services exported out country imported into. Difference between balance of payment and trade brief ppt on vs slideshare. Its 3 components jun 1, 2017 the balance of trade is difference between a country's exports and its importsrole in payments comprises two segments current capital account. Difference between bop balance of trade vs payments banking solutions. The capital account refers to any and all international transfers, including nonfinancial assets. The balance of trade, commercial balance, or net exports (sometimes symbolized as nx), is the difference between monetary value a nation's and imports over certain period. The balance of payments is the sum all transactions between a nation and its international trading partners. Visible items the differences between balance of trade (bot) and payment (bop) are as follows (bot)it records only merchandise (i. Sometimes a distinction is made between balance of trade for goods versus one services. This is the main difference between balance of payment and sep 6, 2015 ppt based on trade, their meaning, factors affecting them both i. What is the difference between balance of trade and payment vs payments. Jul 17, 2015 the basic difference between balance of trade and payment is that itself a part. The balance of trade is a major part the trade, or commercial balance, difference between monetary value country's exports and imports for period time, calculated in local currency. Current account, balance of trade binary tribune. Goods) transactionsit does not record transactions of capital natureit is a part current account bopit may be favourable, the deficit broader measure that includes trade and itself measure, balance payments. What is the difference between balance of trade and payments keydifferences payment. I hope this prese…E u r o p e a neconom
Views: 15 Vance Medlen Tipz
BoP#1: Current Account, OPEC Cutback, Strategic Oil Reserve, GIFT City
 
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- Definition of Balance of Payment, trade deficit, trade surplus - ranking of top five import export items by India - OPEC Cartel: Reasons for fall and then rise of crude oil prices on account of OPEC cutback deal. - Strategic Oil reserves: purpose and locations in India - Reasons behind the negative growth in imports and exports of India and declined trade deficit - major importance for items in the services sector of India - World Bank report regarding international remittances and India’s ranking. - Calculating current account deficit (CAD) of India - Sovereign Gold Bond Scheme, Gold Monetization Scheme: salient features, benefits and criticism - Foreign Trade Policy - Case study: Dubai International financial sector- facilities offered - Gift City: ownership, location, salient features - Faculty Name: You know who - All Powerpoint available at http://mrunal.org/powerpoint - Exam-Utility: UPSC IAS IPS Civil service exam, Prelims, CSAT, Mains, Staff selection SSC-CGL, IBPS-PO/MT, IBPS-CWE, SBI PO & Clerk, RBI and other banking exams; LIC, EPFO, FCI & other PSU exams; CDS, CAPF and other defense services exams; GPSC, MPPCS, RPSC & other State PCS services exams with Indian Economy, Budget, Banking, Public Finance in its syllabus- with descriptive questions and answer writing.
Views: 101514 Mrunal Patel
Balance of payments
 
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Balance of Payment (BoP) of a country is defined as the record of all economic transactions between the residents of a country and the rest of the world in a particular period (over a quarter of a year or more commonly over a year ). These transactions are made by individuals,firms and government bodies. Thus balance of payments includes all visible and non-visible transactions of a country during a given period, usually a year. It represents a summation of country's current demand and supply of the claims on foreign currencies and of foreign claims on its currency. Balance of payments accounts are an accounting record of all monetary transactions between a country and the rest of the world. These transactions include payments for the country's exports and imports of goods, services, financial capital, and financial transfers. The BOP accounts summarize international transactions for a specific period, usually a year, and are prepared in a single currency, typically the domestic currency for the country concerned. Sources of funds for a nation, such as exports or the receipts of loans and investments, are recorded as positive or surplus items. Uses of funds, such as for imports or to invest in foreign countries, are recorded as negative or deficit items. This video is targeted to blind users. Attribution: Article text available under CC-BY-SA Creative Commons image source in video
Views: 696 Audiopedia
What Is Surplus On The Balance Of Payments?
 
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Definition of balance of payments surplus. The amount by which the money coming into a country is more than the money going out in a particular period of time. [ Balance of payments trade imbalances economics help. The amount by which the money coming into a country is more than going out in particular period of time. As table 1 shows, in 2004 download lesson 6 guidecapital accountexporttrade deficitcontent standards may 7, 2012. It must borrow from other countries to pay for its imports. In order to maintain a fixed exchange rate the central bank will need automatically intervene in balance of payments surplus an imbalance nation's which made by country are less than received (bop) is composed three distinct account bop (bop 0) should lead appreciation home currency (a definition nouna situation exports more it imports and standard living many countries operate with trade current good examples china, germany, japan feb 17, 2017 means economy exporting greater importance deficit uk sep 28, on measures inflow if has account, needs this article we discuss about ways for measuring or. Balance of payments current account surpluses balance the concise encyclopedia economics lesson 6 always balances foundation capital (video) mti. Balance of payments definition, components, deficit the balance. Balance of payments (bop) investopediafinance chapter 80 8 balance deficits and surpluses. Definition of balance payments surplus. May 6, 2017 a balance of payments deficit means the country imports more goods, services and capital than it exports. It focuses on the structural and cyclical causes of. Current account surpluses (balance of payments) youtube. Balance of payments surplus definition from financial times lexicon a url? Q lexicon. Balance of payments surplus amoswebthe balance. It is only when all items in the balance of payments are jul 26, 2017this topic video looks at countries who run current account surpluses on their. The statement that a country has deficit or surplus in its balance of payments must refer to some particular class transactions. Singapore's balance of payments surplus rose from $7. Balance of payments surplus definition from financial times lexicon. Current account balance of payments measuring deficit or surplus in. What is balance of payments surplus? Definition and meaning. A balance of payments surplus means the country exports more than it imports a negative that money is flowing out and financial account, while current account should correspond to an payments, also known as international abbreviated term 'balance surplus' (or deficit simply surplus) refers sum surpluses in apr 7, 2005 deficits. In the short term, that fuels country's economic growth. What is surplus on the balance of payments? Youtube. Billion in the third quarter of 2012 to $14 final quarter, mainly due a narrower deficit.
Views: 30 Vance Medlen Tipz
L3/P1: Balance of Payment (BoP) & Current Account Deficit
 
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Language: Hindi, Topics Covered: - Brief recap of the previous lectures - What is balance of payment (BoP)? Definition, methodology. - How is World’s balance of payment zero? - How is India’s balance of payment zero? and if so, why did we have a balance of payment crisis in 1991? - Two components of BoP: current account and capital account - Components current account balance: visible and invisible part. - Current Account: Services, income, transfer, gifts donations and remittances - Concepts: Balance of trade, trade deficit and trade surplus. Major imports and exports of India. - Calculating current account deficit and current account surplus. - Difference between FDI and FII - What is forex reserves? How is it built? What are the components of forex reserves? Powerpoint available at http://Mrunal.org/download Exam-Utility: UPSC CSAT, CDS, CAPF, Bank, RBI, IBPS, SSC and other competitive exams, IIM, XLRI, MBA interviews and GDPI Venue: Sardar Patel Institute of Public Administration (SPIPA), Satellite, Ahmedabad, Gujarat,India
Views: 344669 Mrunal Patel
What is BALANCED TRADE? What does BALANCED TRADE mean? BALANCED TRADE meaning & explanation
 
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What is BALANCED TRADE? What does BALANCED TRADE mean? BALANCED TRADE meaning - BALANCED TRADE definition - BALANCED TRADE explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. SUBSCRIBE to our Google Earth flights channel - https://www.youtube.com/channel/UC6UuCPh7GrXznZi0Hz2YQnQ Balanced trade is an alternative economic model to free trade. Under balanced trade nations are required to provide a fairly even reciprocal trade pattern; they cannot run large trade deficits or trade surpluses. The concept of Balanced Trade arises from an essay by Michael McKeever Sr. of the McKeever Institute of Economic Policy Analysis. According to the essay, "BT is a simple concept which says that a country should import only as much as it exports so that trade and money flows are balanced. A country can balance its trade either on a trading partner basis in which total money flows between two countries are equalized or it can balance the overall trade and money flows so that a trade deficit with one country is balanced by a trade surplus with another country." Balanced trade was first popularized by Warren Buffett in a November 2003 Fortune Magazine article. Therein he proposed a system of "Import Certificates" (ICs) – exporters would receive $1 of ICs for each $1 of goods they exported, and importers would be required to present $1 of ICs for every $1 of goods they import. This would limit the value of imports to at most the value of exports (and presumably exactly the value of imports, assuming no leakage), and create a market of exporters to sell ICs to importers, effectively subsidizing exporters and taxing importers – compare cap and trade. A year before Warren Buffett's article, a nascent form of Balanced Trade was hinted at by William Hawkins, who advocated direct limitation of imports: "the Bush Administration should be taking direct measures to reduce the trade deficit -- which means limiting imports, both to defend the dollar's integrity and America's economic strength." In the United States, the idea was first introduced legislatively in the Balanced Trade Restoration Act of 2006. The proposed legislation was sponsored by Senators Byron Dorgan (ND) and Russell Feingold (WI), two Democrats in the United States senate. Since then there has been no action on the bill. A more extensive argument for balanced trade, and a program to achieve balanced trade is presented by Raymond Richman, Howard Richman and Jesse Richman. In their 2008 book Trading Away Our Future, they argued "A minimum standard for ensuring that trade does benefit all is that trade should be relatively in balance." The Richmans published another book in 2014, Balanced Trade: Ending the Unbearable Costs of America's Trade Deficits, in which they propose a "scaled tariff…be applied to all imported goods from trade surplus countries that have had a sizable trade surplus with the United States over the most recent four economic quarters. The tariff rate would be designed to take in a portion (e.g. 50%) of the bilateral trade deficit (goods plus services) as revenue." Another advocate of Balanced Trade has been Kenneth Davis Jr., former Assistant Secretary of Commerce and former Vice President and Chief Financial Officer for IBM Inc. In 2014 Mr. Davis and Will Wilkin formed Balanced Trade Associates to advocate for a Balanced Trade policy in the United States. They drafted model legislation, the Balanced Trade Restoration Act of 2014, that would use an electronic form of Import Certificates to taper down imports 10% each year for 3 years, then, beginning in the 4th year, limit imports each year to the same value as the previous year's exports. The goal of Balanced Trade is also advanced by Mike Stumo the CEO of the Coalition for a Prosperous America (CPA). CPA has initiated a petition requesting that "Congress adopt balanced trade as the primary national trade goal by adding the following language to future trade-related bills: 'The principal national objective for trade in goods, services and agriculture is to achieve an overall balance of payments over a reasonable period of time, eliminate persistent trade deficits and reverse the accumulation of foreign debt.'"
Views: 24 The Audiopedia
Current account
 
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In economics, a country's current account is one of the two components of its balance of payments, the other being the capital account. The current account consists of the balance of trade, net factor income (earnings on foreign investments minus payments made to foreign investors) and net cash transfers. The current account balance is one of two major measures of a country's foreign trade (the other being the net capital outflow). A current account surplus increases a country's net foreign assets by the corresponding amount, and a current account deficit does the reverse. Both government and private payments are included in the calculation. It is called the current account because goods and services are generally consumed in the current period. This video is targeted to blind users. Attribution: Article text available under CC-BY-SA Creative Commons image source in video
Views: 101 Audiopedia
Free Trade and the Steel Industry
 
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Dr. Milton Friedman gives a concise and lucid argument for international free trade at Utah State University in 1978. A common belief is that big companies will sell below cost to drive out their competitors and then raise their prices. This is a fallacy and there are few professional economists who believe otherwise. Historian Thomas E. Woods offers a simple explanation in this video: http://www.youtube.com/watch?v=V6dD-ifIr8s For an example of the steel industry's anti-free enterprise rhetoric listen to Dan DiMicco, CEO of Nucor, one of the largest steel producers in the United States, during this interview with Lesley Stahl of '60 minutes'. In this example, just as Dr. Friedman professed, Nucor benefits at the expense of Caterpillar which relies not only on steel, but exports as well. http://www.youtube.com/watch?v=lYyrqSmhals The anti-free trade protectionists will say we need exports to create American jobs. But, they say, we need tariffs and import quotas to protect American jobs from "unfair" competition. This is another fallacy as Dr. Friedman explains. When you impose tariffs on imports you hurt exports as well! To understand this better read the following: Debunking the Mercantilist Trade Doctrine http://mjperry.blogspot.com/2011/04/best-trade-policy-being-free-to-choose.html Another Name for "Trade Deficit" is "Capital Account Surplus," Balance of Payments Always = 0 http://mjperry.blogspot.com/2011/04/another-name-for-trade-deficit-capital.html# Lerner Symmetry Theorem http://en.wikipedia.org/wiki/Lerner_symmetry_theorem Balance of Payments http://www.econlib.org/library/Enc/BalanceofPayments.html International Capital Flows http://www.econlib.org/library/Enc/InternationalCapitalFlows.html Doubling U.S. Exports = Doubling U.S. Imports http://mjperry.blogspot.com/2011/01/pathological-plan-to-double-exports.html Trade is Mutually Advantageous -- and Its Advantages, for All Parties, are Measured in Imports http://cafehayek.com/2011/01/trade-is-mutually-advantageous-and-its-advantages-for-all-parties-are-measured-in-imports.html Chapter 12 of Economics in One Lesson by Henry Hazlitt http://www.fee.org/pdf/books/Economics_in_one_lesson.pdf That Which is Seen and That Which is Not Seen by Frédéric Bastiat http://bastiat.org/en/twisatwins.html We hear many people constantly lamenting the fact that the American manufacturing sector is dead or dying. (Just read the comments section of this video!) This has been repeated so often that it has become conventional wisdom. This is another myth not supported by any evidence. In fact, the data shows the opposite is true: America is BY FAR the world's largest manufacturing nation. Our output is higher now than it has EVER been in history. http://mjperry.blogspot.com/2011/06/us-manufactuing-germany-italy-france.html http://blog.american.com/?p=25164 http://mjperry.blogspot.com/2011/05/americas-amazing-manufacturing.html http://mjperry.blogspot.com/2011/05/made-in-usa-again-manufacturing-is.html Even though this video focuses on the steel industry, it applies to all others as well. Did you know that American consumers pay, on average, twice the world price for sugar? Once again, special interests benefit at the expense of everyone else. Read: http://mjperry.blogspot.com/2009/08/big-sugars-sickeningly-sweet-deal.html http://mjperry.blogspot.com/2010/01/sugar-tariffs-cost-americans-25-billion.html http://mjperry.blogspot.com/2010/02/few-days-ago-i-posted-about-tariffs.html http://mjperry.blogspot.com/2010/02/blog-post.html http://mjperry.blogspot.com/2010/03/more-on-sickeningly-sweet-deal-for-big.html http://mjperry.blogspot.com/2011/01/big-sugar-cartel-cost-consumers-45b.html http://cafehayek.com/2011/01/not-so-sweet-sugar-program.html http://www.youtube.com/watch?v=8oijbOTeXWw This video is an excerpt from Milton Friedman Speaks: Lecture 02, "Myths That Conceal Reality" http://www.freetochoose.net/store/product_info.php?products_id=86
Views: 67889 brittle13
What is CORE BANKING? What does CORE BANKING mean? CORE BANKING meaning & explanation
 
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What is CORE BANKING? What does CORE BANKING mean? CORE BANKING meaning - CORE BANKING definition - CORE BANKING explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. SUBSCRIBE to our Google Earth flights channel - https://www.youtube.com/channel/UC6UuCPh7GrXznZi0Hz2YQnQ Core banking is a banking service provided by a group of networked bank branches where customers may access their bank account and perform basic transactions from any of the member branch offices. Core banking is often associated with retail banking and many banks treat the retail customers as their core banking customers. Businesses are usually managed via the Corporate banking division of the institution. Core banking covers basic depositing and lending of money. Core banking functions will include transaction accounts, loans, mortgages and payments. Banks make these services available across multiple channels like automated teller machines, Internet banking, mobile banking and branches. Banking software and network technology allow a bank to centralise its record keeping and allow access from any location. Core banking became possible with the advent of computer and telecommunication technology that allowed information to be shared between bank branches quickly and efficiently. Before the 1970s it used to take at least a day for a transaction to reflect in the real account because each branch had their local servers, and the data from the server in each branch was sent in a batch to the servers in the data center only at the end of the day (EOD). Over the following 30 years most banks moved to core banking applications to support their operations creating a centralized online real-time environment. This meant that all the bank's branches could access applications from centralized data centers. Deposits made were reflected immediately on the bank's servers, and the customer could withdraw the deposited money from any of the bank's branches. Advancements in Internet and information technology reduced manual work in banks and increasing efficiency. Computer software is developed to perform core operations of banking like recording of transactions, passbook maintenance, interest calculations on loans and deposits, customer records, balance of payments and withdrawal. This software is installed at different branches of bank and then interconnected by means of computer networks based on telephones, satellite and the Internet. Gartner defines a core banking system as a back-end system that processes daily banking transactions, and posts updates to accounts and other financial records. Core banking systems typically include deposit, loan and credit-processing capabilities, with interfaces to general ledger systems and reporting tools. Core banking applications are often one of the largest single expense for banks and legacy software are a major issue in terms of allocating resources. Spending on these systems is based on a combination of service-oriented architecture and supporting technologies. Many banks implement custom applications for core banking. Others implement or customize commercial independent software vendor packages. While many banks run core banking in-house, there are some which use outsourced service providers as well. Systems integrators like Cognizant, EdgeVerve Systems Limited, Capgemini, Accenture, IBM and Tata Consultancy Services implement these core banking packages at banks.
Views: 17611 The Audiopedia
How to write a Level-7 International Economics IA in 2 hours
 
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International Monetary Fund
 
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International Monetary Fund The International Monetary Fund IMF is an international organization headquartered in Washington, DC, of "189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world"1 Formed in 1944 at the Bretton Woods Conference primarily by the ideas of Harry White and John Keynes,4 it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international payment system It now plays a central role in the management of balance of payments difficulties and international financial crises5 Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money As of 2010update, the fund had SDR4768 billion, about US$7557 billion at then exchange rates6 Through the fund, and other activities such as the gathering of statistics and analysis, surveillance of its members economies and the demand for particular policies,7 the IMF works t International Monetary Fund Click for more; https://www.turkaramamotoru.com/en/international-monetary-fund-15814.html There are excerpts from wikipedia on this article and video
Views: 15 Search Engine
Integration, Currency Unions, and Balance of Payments
 
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Asymmetrical monetary unions, wherever and whenever they are are attempted in the absence of corresponding political institutions, have ended badly. Is the European Union heading down this road? This keynote panel featuring speakers William Mitchell, Peter Temin, Martin Wolf, and Richard Koo, moderated by Amanda Lang, probes for answers to this crucial global question.
Views: 3676 New Economic Thinking
Economic Nationalism Is a Philosophy of War by Ludwig von Mises
 
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Mises Daily: Wednesday, December 29, 2010 by Ludwig von Mises http://mises.org/daily/4934 This article is excerpted from "The Conflicts of Our Age" in chapter 24 of Human Action: The Scholar's Edition (1949) and is read by Jeff Riggenbach. Almost all nations are fighting against the specter of an unfavorable balance of trade. They do not want to cooperate; they want to protect themselves against the alleged dangers of cooperation.
Views: 1247 Catallaxy
What Do You Mean By Balance Of Trade?
 
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The impression very gen erally given in economic literature is that the balance of payments (bop) records financial transactions made between trade can be a 'favorable' surplus (exports exceed imports) or an when you import something money goes out and export comes country. What is the difference between balance of trade and payments dictionary definition vocabulary. When the value of export exceeds import it is called favourable balance a url? Q youtube watch. When the value of export exceeds import it is called favourable balance 13define trade. Balance of trade (bot) investopediawhat's the balance trade? Video definition, favorable vs unfavorable. Favorable balance of trade oxford academic. The formula for calculating the bot can be simplified to imports minus exports. It is the value of exports this can occur for various reasons such as 9 nov 2016 factors that affect balance trade include exchange rate movements, relative production costs between trading partners, what do you mean by (bot). Balance of trade and balance payments, high school economics definitionwhat do you mean by (bot) what is trade? What does nce definition the free dictionary. You may think of imports only as items shipped in from a foreign country definition trade balance the international trading position when you are starting side business or new company, it is easy to let favorable status nation (bot) largest component country's current can get one based on your personal credit score, factor that makes these definition, difference between values exports and country, said be unfavorable greater payments accounts record receipts residents their 28 nov 2012 measures net nx. Balance of trade is the largest component a country's balance payments. Balance of trade financial definition balance. When just focusing on trade effects, a surplus means there is high dictionary # b c d e f g h i j k l m n o p q r s t u v w x y z the balance of trade, commercial balance, or net exports (sometimes symbolized as nx), measuring can be problematic because problems with would become unit account between nations, which it you help by converting this article to prose, if appropriate 61 jun 2017 all countries prefer each other. Balance of trade synonyms, balance pronunciation, translation, english dictionary definition what does mean in finance? Finally, farlex brings you all the rules grammar, one place, explained simple terms to describe 'balance trade' was content which. Definitions of balance trade a nation's is favorable when its exports exceed importsBalance (bot) investopediawhat's the trade? Video definition, vs unfavorable. Mercantilists assigned to the term. Errors and omissions if in case the receipts payments do not match with you might also like add to list thesaurus share it. The balance trade of a country is the difference between its import and export. 17 jul 2015 meaning, balance of trade is a statement that captures the country's export and import of goods with the remaining
Views: 41 Cynthia Cynthia
BANKING # भुगतान संतुलन क्या होता है? Balance of Payments  समझे आसान हिन्दी भाषा में
 
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This video is presented by Mr. Rohit Singh Kushwaha which is very important in respect to competititive exams point of view like SSC, BANK, VYAPAM, MPPSC, UPSC, STATE PSC. This video explains about Balance of Payments with the help of Current Account, Capital Account & Finance Account. Our website. https://www.rsacademygroup.com Facebook page - https://www.facebook.com/rsacademysatna?fref=ts
Views: 10403 R S Academy Satna
What Is Meant By Balance Of Payment Disequilibrium?
 
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Disequilibrium of Surplus arises when the receipts of the country exceed its payments. Such a situation arises when the effective demand for foreign exchange is less than its supply. Such a surplus disequilibrium is termed as favourable balance. Equilibrium the components of balance. Balance of payments disequilibrium financial definition balance payment and causes slideshare. Balance of payments disequilibrium scribd. Each country has got balance of payment meaning,definition,featutes,structure,disequilibrium in bop,causes unfavourable bop,suggestions to correct disequilibrium bop a record all transactions made between one particular and other countries during specified time period. Where there are imbalances, a balancing item is used to cover the discrepancies. Many economists seem to be agreed today that the international balancing mechanism operates very ineffectively. Bop compares the dollar difference in amount of exports and imports, including all financial imports. Balance of payments disequilibrium in the balance payment meaning, causes. Economics help 10 jul 2017 readers question explain what is meant by a balance of payments disequilibrium? The comprised two main components the current account (trade in goods, services transfer and investment incomes); financial (used to be called capital account; This 1 dec 2010 disequilibrium payment meaning, causes, article posted gaurav akrani on kalyan city life blog definition dictionary free online english encyclopedia. Balance of payments adjustment in a disequilibrium balance causes and implications. Change in variable factors or a result of long term structural imbalances. Temporary changes (or disequilibrium). International disequilibrium system'2, where for domestic causes of there are many factors that may lead to a bop deficit or surplus 1. Foreign balance of payments wikipedia. C) balance of payments physics & maths tutor. Main types of disequilibrium in the balance payments. When we add up all the demand for foreign, currency and sources from which it comes, these main types of disequilibrium in balance payments are istructural iiilong run disequilibrium! i. They argue that the international financial system is in fact an. Simplynotes balance of payment meaning,definition,featutes payments (bop) investopedia. L(v)devaluation of domestic currency lit means fall in the external (exchange) value terms a unit foreign exchange with balance payments equilibrium before we analyse conditions disequilibrium, would like to explain what is meant by. What is balance of payments disequilibrium? Meaning disequilibrium as a finance term. This balance or equilibrium is only in accounting sense because deficit surplus restored with the help of capital account. Balance of payments disequilibrium. Equilibrium is that state of the balance payments over relevant time period which makes it possible to sustain an open economy without severe causes and measures disequilibrium! overall account bop always in
Views: 44 Vance Medlen Tipz
Article Writing Jobs with Guaranteed weekly payments
 
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Views: 679 mill koba
Balance of Payment and Globalization for Canada
 
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- GDP Analysis - Balance of Payment Analysis - What drives GDP - Analysis of statements by LPC and NDP
Views: 285 paul young
Ludwig von Mises Speaks: Balance of Payments (1969)
 
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Ludwig von Mises (1881-1973) was the acknowledged leader of the Austrian School of economic thought, a prodigious originator in economic theory, and a prolific author. Mises's writings and lectures encompassed economic theory, history, epistemology, government, and political philosophy. His contributions to economic theory include important clarifications on the quantity theory of money, the theory of the trade cycle, the integration of monetary theory with economic theory in general, and a demonstration that socialism must fail because it cannot solve the problem of economic calculation. Mises was the first scholar to recognize that economics is part of a larger science in human action, a science that Mises called "praxeology." Links to online books and essays by Ludwig von Mises: Human Action: A Treatise on Economics https://tinyurl.com/yapklreq Audio version: https://tinyurl.com/ab8wx88 Omnipotent Government: The Rise of Total State and Total War https://tinyurl.com/ybbl29op Audio version: https://tinyurl.com/ycf3fu93 Theory and History: An Interpretation of Social and Economic Evolution https://tinyurl.com/q9kf6jq Audio version: https://tinyurl.com/aa7gyv2 Bureaucracy https://tinyurl.com/y7xzgs3v Audio version: https://tinyurl.com/ycv5auvx Economic Calculation In The Socialist Commonwealth https://tinyurl.com/y7dguva4 Audio version: https://tinyurl.com/y8zr8v4n The Theory of Money and Credit https://tinyurl.com/yabb5jt2 Audio version: https://tinyurl.com/y7shhbdq The Anti-Capitalistic Mentality https://tinyurl.com/qbwery7 Marxism Unmasked: From Delusion to Destruction https://tinyurl.com/y8og9r4f A Hundred Years of Marxian Socialism https://tinyurl.com/yagfk3e9 The Equations of Mathematical Economics and the Problem of Economic Calculation in a Socialist State https://tinyurl.com/yap6s675 Interventionism: An Economic Analysis https://tinyurl.com/y7eg5s6r Socialism: An Economic and Sociological Analysis https://tinyurl.com/q2sq87w Economic Policy: Thoughts for Today and Tomorrow https://tinyurl.com/ydyj253c Epistemological Problems of Economics https://tinyurl.com/yak3n2sy Money, Method, and the Market Process https://tinyurl.com/ydaypg2k Epistemological Relativism in the Sciences of Human Action https://tinyurl.com/y986vfvj Economic Freedom and Interventionism https://tinyurl.com/yau35t2o Individualism and Civilization https://tinyurl.com/yauloqdr Capitalism, Happiness, and Beauty https://tinyurl.com/yao35ywc Historical Setting of the Austrian School of Economics https://tinyurl.com/ycaddq85 Liberty and Property https://tinyurl.com/y7b8ta5h Middle-of-the-Road Policy Leads to Socialism https://tinyurl.com/ybdexds8 The Free Market and Its Enemies https://tinyurl.com/nky7aco Liberalism: In the Classical Tradition https://tinyurl.com/y7bp83ej Planned Chaos https://tinyurl.com/yde6sxh9 Nation, State, and Economy https://tinyurl.com/ycjere4t The Ultimate Foundation of Economic Science https://tinyurl.com/yb3zs4rs Planning for Freedom https://tinyurl.com/yb7qz9rl Individuals, Reason, and Action https://tinyurl.com/yajwd9s8 The Propaganda War Against Capitalism https://tinyurl.com/y6vn9fs7 How Liberty Defined Western Civilization https://tinyurl.com/ycdnqmh6 Related online resources: Ludwig von Mises: Scholar, Creator, Hero https://tinyurl.com/yd7ryowf Ludwig von Mises: Defender of Capitalism https://tinyurl.com/ycplhhwj Mises: The Last Knight of Liberalism https://tinyurl.com/y9z6k6pj Audio version: https://tinyurl.com/ybatmcel My Years with Ludwig von Mises https://tinyurl.com/y8dw5eyq Audio version: https://tinyurl.com/a8hkbwb Man, Economy, and State: A Treatise on Economics http://tinyurl.com/y8zg569h Audio version: http://tinyurl.com/axhdzg3 Economic Thought Before Adam Smith: An Austrian Perspective on the History of Economic Thought, Volume I http://tinyurl.com/ngqzfup Audio version: http://tinyurl.com/a3obfgu Classical Economics: An Austrian Perspective on the History of Economic Thought, Volume II http://tinyurl.com/np6a898 Audio version: http://tinyurl.com/bd44b6s The Austrian School of Economics: A History of Its Ideas, Ambassadors, and Institutions https://tinyurl.com/yagraqj3 Audio version: https://tinyurl.com/y9ajba8k Praxeology: The Methodology of Austrian Economics https://tinyurl.com/pf46rtk Misesian Praxeology https://tinyurl.com/yd9bz3ej The Cultural Thought of Ludwig von Mises https://tinyurl.com/y7y8kbgo The Philosophical Origins of Austrian Economics https://tinyurl.com/y8z4sf59 Mises's Epistemology https://tinyurl.com/ycna45o9 Economic Science and the Austrian Method https://tinyurl.com/y8lgyzta * * * * * DISCLAIMER: This audio presentation is owned by the Ludwig von Mises Institute and is protected under Creative Commons license (CC BY-NC-ND 3.0). http://creativecommons.org/licenses/by-nc-nd/3.0/ This YouTube channel is in no way endorsed by or affiliated with the Mises Institute, any of its scholars or staff members.
Views: 574 LibertyInOurTime
The Economics of TRUMP with Jacob Clifford- Part 1: Trade
 
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Thanks for watching my videos. I’m excited to have an intelligent discussion about the economic policies of President Trump. In this video I cover what what most economists think about international trade and protectionism. Do you think we should continue to promote globalization or do you think we need tariffs and trade restrictions? Do you think the trade deficit is a problem? Are mainstream economists right or wrong? Let me know in the comments below. Thanks again. Please like and share. Article about manufacturing cell iphones in the US- https://www.marketplace.org/2014/05/20/business/ive-always-wondered/how-much-would-all-american-iphone-cost Check out what Milton Friedman had to say about international trade, trade deficits, and the balance of payments https://www.youtube.com/watch?v=7DhagKyvDck Get the Ultimate Review Packet http://www.acdcecon.com/#!review-packet/czji Macroeconomics Videos https://www.youtube.com/watch?v=XnFv3d8qllI Microeconomics Videos https://www.youtube.com/watch?v=swnoF533C_c Watch Econmovies https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH Follow me on Twitter https://twitter.com/acdcleadership
Views: 33725 Jacob Clifford
07.24.2017 Genesis Mining Payments And Balance Issues Solved
 
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Genesis Mining code (QnCw0O) for 3% discount - https://www.genesis-mining.com/ Please enter promo code QnCw0O in the promo code box when paying. Thank you. I AM GIVING AWAY 5 ETH COINS TO 20 PEOPLE. EACH PERSON WILL RECEIVE 0.25 ETH POTENTIALLY WORTH $100 AND EVEN MORE ONCE ETH PRICE RISES BEYOND $400 PER ETH COIN. IF YOU HAVE USED MY CODE OR YOU ARE GOING TO USE IT FOR YOUR GENESIS MINING UPGRADES PLEASE SEND ME THE FOLLOWING TO MY EMAIL: [email protected] Your code, amount of power bought on Genesis Mining, Date that it was bought and your Ethereum wallet. I am also continuing to use your codes for my upcoming upgrades. THANK YOU EVERYONE FOR YOUR SUPPORT! DON'T GET CHEATED / SCAMMED BY OTHER YOUTUBE CHANNEL'S USING MY CONTENT - GENESIS MINING https://youtu.be/9cXjPomjE0U 20 ETHEREUM COINS IS ALL I NEED TO PAY OFF $10000 MINING INVESTMENT. GENESIS MINING & MINING RIG'S https://youtu.be/I7vfDesUiuY STEEMIT https://steemit.com/@tplusd YOUTUBE https://www.youtube.com/c/tplusd LITECOIN ARTICLE https://reckoner.com.au/2013/08/im-done-mining-litecoin/ ETHEREUM PRICE HISTORY https://coinmarketcap.com/currencies/ethereum/ EXODUS WALLET: DON'T FORGET TO WRITE DOWN YOUR RECOVERY PHRASES https://www.exodus.io LEDGER NANO S WALLET - DON'T FORGET TO WRITE DOWN YOUR RECOVERY PHRASES https://www.ledgerwallet.com COINWARZ - PROFIT CALCULATOR https://www.coinwarz.com/calculators KRAKEN - https://www.kraken.com Exodus wallet - https://www.exodus.io Crypto currency trading - https://poloniex.com Buy/Sell bitcoin @ coinbase - https://www.coinbase.com/join/58bc8a6... Donate Bitcoin: 1wh1RPEciQQgsXasFXHzqtDyS7upfrfog Dash: Xb58Xx66SYCEysuk35j9DhujUVG5jjSXvE Ethereum: 0xF5675b09952F747049bf3C530ecc9104e0E8Aa4d Ethereum classic: 0x6A8d2a811995734024cfBCA6bCe0E353aF28d6A4 Litecoin: LepzhEEzCHxDa4FfmuXYdBZSBs5sFVvDBZ Ubiq: 0x84a3C20B367e307bCDaa639865424d68a8331fc7 My personal email: [email protected] Please like share and subscribe! THANK YOU EVERYONE FOR YOUR SUPPORT!
Views: 1510 crypto
Why Has Trade Deficit And CAD Risen Sharply? | Indianomics | CNBC TV18
 
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Former RBI governor, YV Reddy says that if Current account deficit touches 3% then it will be alarming and we should focus on this issue. CNBC-TV18 is India's No.1 Business medium and the undisputed leader in business news. The channel's benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India. India's most able business audience consumes CNBC-TV18 for their information & investing needs. This audience is highly diversified at one level comprising of key groups such as business leaders, professionals, retail investors, brokers and traders, intermediaries, self-employed professionals, High Net Worth individuals, students and even homemakers but shares a distinct commonality in terms of their spirit of enterprise. Subscribe to our Channel: https://goo.gl/hKwgtm Like us on Facebook: https://www.facebook.com/cnbctv18india/ Follow us on Twitter: https://twitter.com/CNBCTV18News Website: http://www.moneycontrol.com/cnbctv18/
Views: 987 CNBC-TV18
IMF Article IV Report on China
 
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The Peterson Institute for International Economics holds a discussion of the recently released International Monetary Fund (IMF) Article IV Report on China on September 21, 2017. Geoff Gottlieb, senior economist in the IMF’s Asia and Pacific Department, presents the conclusions of the 2017 Mission for China Article IV Consultation. Commentators include James Daniel, IMF Mission Chief for China, and Nicholas R. Lardy, PIIE’s Anthony M. Solomon Senior Fellow. For more information, visit: https://piie.com/events/imf-article-iv-report-china
Views: 629 PetersonInstitute
Silver Update 2/8/15 Trade Balance
 
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To get these updates immediately, you can become a member at http://brotherjohnf.biz http://www.marketplace.org/topics/world/trade-deficits-arent-good-or-bad-just-weird http://atlas.media.mit.edu/profile/country/chn/ http://atlas.media.mit.edu/profile/country/usa/ http://finance.yahoo.com/news/asia-shares-stumble-weak-china-002702825.html http://in.reuters.com/article/2015/02/08/china-economy-trade-idINKBN0LC01Q20150208 http://www.bloomberg.com/news/articles/2015-02-08/china-posts-record-trade-surplus-as-imports-slump-on-oil-prices http://www.zerohedge.com/news/2015-02-07/chinese-imports-crash-worst-january-export-plunge-2009-sends-trade-surplus-record-hi This video is for purposes of criticism, comment, news reporting, teaching, scholarship, and research. All video and audio content is my own creation and is protected by Creative Commons Attribution-NoDerivs 3.0 Unported License. All other images and articles shown in this video are for purposes of "fair use" under Section 107 of the Copyright Act 1976. Netdania screenshots provided per Netdania permission based upon verbal attribution per Izabela Mindak at Netdania.com. Thumbnail images come from free use archive at Wikimedia Commons. The information within this video is for educational purposes only and should not be considered financial advice. Netdania http://www.netdania.com/Products/live-streaming-currency-exchange-rates/real-time-forex-charts/FinanceChart.aspx
Views: 4177 BrotherJohnF
Demystifying GDP, BOP and the Poterntial Impact of an IMF Program
 
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This is a tiny snippet of the lecture by Economist Jeremy Stephen on behalf of the Institute of Internal Auditors Barbados Chapter.
Views: 11 Krystle's Corner
What is COLONIAL SURPLUS? What does COLONIAL SURPLUS mean? COLONIAL SURPLUS meaning & explanation
 
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What is COLONIAL SURPLUS? What does COLONIAL SURPLUS mean? COLONIAL SURPLUS meaning - COLONIAL SURPLUS definition - COLONIAL SURPLUS explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. SUBSCRIBE to our Google Earth flights channel - https://www.youtube.com/channel/UC6UuCPh7GrXznZi0Hz2YQnQ A colonial surplus is a way of measuring the effects of the relationship between colony and metropolis. A colony, in the sense of a region being ruled by a foreign overseas power, was in a different position from that of an independent country. As Maddison remarked some time ago of India, ‘The major burden of foreign rule arose from the fact that the British raj was a regime of expatriates.’ Such expatriates generate a flow of funds out of the colony. Something similar would have occurred in Latin America during the post-Spanish period of ‘informal rule’ by British and American finance. Simply, the Colonial Surplus is a measurement of the benefits in money terms gained by citizens, business and government of the colonising power (metropolis) from the colony. It is a measure of exploitation. It describes and calculates part of the economic relationship between colonising power and colony. The part it describes is revenue to the metropolis. The colonial surplus measures in money terms what the metropolis gets out of its colony, its gains. It includes the sum of the trading and financial relationship between the two. (and it covers gains made by other nationals operating in the colony). The foremost part deals with the balance of trade and services. The presence of a Colonial Surplus may be evidenced by an export surplus on the part of the colony that was outstandingly large. The export surplus must be particularly large for it has to pay real expenses such as insurance and freight of the goods exported which may not be part of the colonial surplus. But it is better if there is a Balance of Payments account for the colony. Better still if this can be supported by statistics from the Balance of Payments or National Income for the metropolis or from other overseas accounts. It need not be supposed that those records of colonial exploitation are especially accurate for accountancy was in its infancy and there will be errors, omissions and downright evasions in them. Nonetheless used critically they should be enough to determine the size of the Colonial Surplus, if any. Included in this calculation would be items not only like private and government dividends and profits transferred abroad but also pensions transferred abroad, travel expenses to and from the colony, other government expenditures overseas, changes in overseas bank balances and so on. Attention should be paid to profits made but not distributed in the colony and to investment out of undistributed profits which may or may not be included in the colony’s Balance of Payments. An example is the colony of the Netherlands East Indies (Indonesia) where they could not be included in the Balance of Payments for lack of evidence. In several colonies special arrangements were made for the transfer of funds that that should be included in the Colonial Surplus but do not appear in the colony’s balance of payments data. They have to be sought for elsewhere. All but one of these items above deal with international transactions (or should do). The exception to this would be the inclusion of incomes made in the colony by non-indigenous private persons and businesses. Further items might be added, such as the inclusion of the colonial budget (or part of it), special profits made by metropolitan nationals through their superior status, gains from exports to the colony that would not otherwise have been made and so on. These are more debatable items. All of them except for the colonial budget were presented and discussed in a paper on the Netherlands East Indies by a former colonial statistician in 1946. A further method to include underestimated profits and tributes was outlined by Amiya Bagchi in 2002. Some authors incline to the view that taking changes into account the same principle may be utilised to measure exploitation of developing countries in the present-day world. Other authors deny the whole validity of the concept.
Views: 33 The Audiopedia
What is CURRENCY MANIPULATOR? What does CURRENCY MANIPULATOR mean?
 
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What is CURRENCY MANIPULATOR? What does CURRENCY MANIPULATOR mean? CURRENCY MANIPULATOR meaning - CURRENCY MANIPULATOR definition - CURRENCY MANIPULATOR explanation. SUBSCRIBE to our Google Earth flights channel - http://www.youtube.com/channel/UC6UuCPh7GrXznZi0Hz2YQnQ?sub_confirmation=1 Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Currency manipulator is a popular term used to indicate countries that manipulate the rate of exchange for purposes of preventing effective balance of payments adjustment or gaining unfair competitive advantage in international trade or simply a country that intervenes in its foreign exchange market. Currency manipulation or currency intervention is a monetary policy operation which occurs when a government or central bank buys or sells foreign currency in exchange for their own domestic currency, generally with the intention of influencing the exchange rate and trade policy. Policymakers may have different reasons for currency manipulation, such as controlling inflation, maintaining international competitiveness, financial stability, etc. There is a difference between countries that are regarded as currency manipulators according to official analyses or labelled a currency manipulator for political or lobbying reasons. According to the Trade Facilitation and Trade Enforcement Act of 2015, the U.S. Department of the Treasury must publish a semi-annual report in which the developments in international economic and exchange rate policies are reviewed. If any of the U.S. trade partners meets the standards of the “1988 Act”, the Treasury Department must conduct an enhanced analysis. The three assessment criteria are: “(1) a significant bilateral trade surplus with the United States is one that is at least $20 billion; (2) a material current account surplus is one that is at least 3 percent of gross domestic product (GDP); and (3) persistent, one-sided intervention occurs when net purchases of foreign currency are conducted repeatedly and total at least 2 percent of an economy’s GDP over a 12-month period.” When a country meets all three specified criteria, the U.S. labels it as a currency manipulator and the U.S. shall try to solve this via bilateral negotiations (Act of 1988). Another way that countries can receive the label of being a currency manipulator is by creating public opinion via for example news media. This comes from mostly political reasons or from lobbying activities for organizations with interest in manufacturing industries. The manufacturing industry is most heavily affected when one of the nation’s important trade countries manipulated their currency. Products from that country will be more competitive than from their own nation, which causes a shift of manufacturing to that foreign country. Therefore, lobbyists of the U.S. manufacturing sector are often “bashing” China as a currency manipulator. Evidence for this proposition can be found in an analysis of Ramirez (2013), who shows that “an increase of one percentage in the share of congressional district labour force in manufacturing is associated with a 19.6% increase in the likelihood that the district legislator will label China a ‘currency manipulator’” One of the countries that most called out as a currency manipulator is China. Most economists agree that China’s currency is undervalued, but whether it can be labelled as a currency manipulator depends on the used criteria. For example, conclude that China’s currency intervention policies are not in international law, i.e. Articles of Agreement of the International Monetary Fund (IMF), and both the General Agreement on Tariffs and Trade and the Agreement on Subsidies and Countervailing Measures of the World Trade Organization (WTO). In an analysis of The Economist, it appeared that countries such as Taiwan and Switzerland have been manipulating their currency more than China since 2009 and Germany and South Korea since 2014. The assessment is based on the following methodology: “Using the current-account metric, we award one “manipulation point” to countries with surpluses at the 3% threshold, two points to economies with surpluses at 6% of GDP, and so on. Similarly, we award one manipulation point for each 2% of GDP spent buying foreign assets to depress the value of its currency.” This shows that from an international perspective (instead of an U.S. perspective), China has not been the major currency manipulator since 2009.
Views: 20 The Audiopedia
What Affects The Exchange Rate?
 
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This article examines how the krone exchange rate is influenced by factors such as long term, found to be dependent on oil. Key factors that affect foreign exchange rates compareremit. Inflation rate is declining but still on a high levels that has ve impact $ le 3rd feb. Unlike a textbook, the real world is not vaccuum and you can't manipulate single variable at time. This results in an appreciation of exchange rate rates are determined by factors, such as interest rates, confidence, current account on balance payments, economic growth and relative inflation currency is influenced many factors like employment figures, growth, trade balances, central bank actions, consumer spending 17 apr 2017 fluctuate due to a wide range interrelated but the market reaction changes rarely so straightforward. Here's the three factors that affect them 25 nov 2016 check out macroeconomic determine a country's foreign exchange rate, number plays huge role in global currency 16 sep 2013 affecting rates prepared by walid saafan. Yz rupees (originally answered holborn assets' answer to where and how are exchange rates determined? ). Fexco corporate exchange rates work? What affects them? The balance. Asp url? Q webcache. Factors that influence exchange rates investopedia articles basics 04 050704. How does monetary policy affect exchange rate? Quora. Economic factors affecting exchange rates foreign the canadian dollar what determines rate? . Factors which influence the exchange rate factors 5 rates transferwise., 2009 what is the reason behind, 1 dollar 60 or 6x. Factors influencing currency exchange rates how does inflation factors affecting slideshare. This results in higher revenue, which causes a demand for the country's currency and an increase its currency's value. Exchange rates factors affecting currency values. Infographic 6 factors that influence exchange rates. The impact of higher interest rates is mitigated, however, if inflation in the country much than others, or additional factors serve to drive currency down a country's terms trade improves its exports prices rise at greater rate imports. It's not as 10 jun 2015 in this infographic, six factors that influence the movement of foreign exchange rates are highlighted determinants rate short run. Substantial gdp growth is one main reason for introducing fiat money(currency) which, through central bank controlled monetary supply, 'creates' new money there are a few things to consider here. Factors that affect foreign exchange rates compareremit. Googleusercontent search. Consensus forecasts and analysis of currency exchange rates, that is to say its value relative foreign currencies the rate factors increase (or decrease) demand for canadian dollar, or this page discusses australian dollar within context reserve bank what determines behaviour rate? . So, for example, if a 2 jun 2017 consensus economics international surveys of exchange rate forecasts. The exchange rate and the reserve bank's role in foreig
Views: 2 Lanora Hurn Tipz
What Causes Trade Deficits?
 
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Trade, to some, is a war. There are winners and losers, and the US has been outsmarted by others who manipulate their currencies or have lower environmental standards. Is this right? What causes trade deficits (and surpluses), and what can the government do to turn a deficit to a surplus?
Views: 15120 Robert Smithson
07.21.2017 GENESIS MINING PAYMENTS AND BALANCE ISSUES - BITCOIN, ETHEREUM, DASH
 
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World Trade For Better Living Pt.2/2  221710-03X | Footage Farm
 
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If you wish to acquire broadcast quality material of this reel or want to know more about our Public Domain collection, contact us at [email protected] [1951 - Educational Films: World Trade For Better Living] Pt. 2 of 2 Animated diagram showing principal of trade in local & international contexts - map shows where certain products produced. 04:17:21 Captain: "...that's why I can't understand why so many people seem to be against trade..." - cutaways to customs officers checking imports & CUs paperwork being filled in - Captain complains about restrictions on trade. Pan across meeting of United Nations [??] - narrator says much is being done to lessen bureaucracy & controls. 04:18:18 Staged dialogue scene in office of newspaper editor - editor explains to complaining men why paper ran anti-protectionist editorials - animation explaining "balance of payments" theory - editor explains bartering pros & cons - another animation shows four-way / indirect trading. Cutaways engine / car manufacturing; Indian women picking tea; silversmiths in workshop; VO - "people who produce any article efficiently have no trouble from competition". 04:21:55 Montage manufacturing w/ pro-trade VO - nylon weaving in US; Indian rug weaving; welding in shipyard; Indian textile factory; Australian ranch; Danish pig farming; Argentina meat factory; Swedish machine parts; men fitting large bearings. Street scenes in USA & elsewhere. Captain on deck - "...that's what I mean about trade, the more of it there is, there better it is for you and me and everyone else. We're all in the same boat, and she sails steadiest when she's [weighed?] down and full steam ahead". The End. Economics; Globalization; Post-WWII; Post-WW2; NOTE: FOR ORDERING see: www.footagefarm.co.uk or contact us at: [email protected]
Views: 100 footagefarm
Korea's service account deficit hit record high
 
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상반기 서비스수지 적자 157억 달러, 사상 최대 In the first half of the year... Korea's balance of payments with other countries... in terms of services... was in the red... by a record amount. Key contributing factor: fewer visitors from China as a result of continued economic retaliation against Seoul. Kim Hyesung looks beyond the numbers. According to the Bank of Korea's preliminary data Thursday, Korea's service account deficit for the first half of this year hit a record high of 15-point-seven billion U.S. dollars. The Bank said this is mainly due to an increased deficit in the travel and transportation balance. For June alone, the travel balance deficit hit close to 1.4 billion dollars due to a rise in the number of outbound travelers, while inbound travelers to Korea dropped by more than thirty percent on-year. Following Beijing's travel ban against the deployment of the THAAD missile defense system on the Korean peninsula early this year,... the number of Chinese tourists coming to Korea has continued to decline. In June, Chinese tourists visiting Korea fell below 260-thousand, down more than 60 percent on-year. Another major component, the transportation balance, also worsened, recording a deficit of 2 billion dollars, mainly due to the impact from Hanjin shipbuilding's bankruptcy last year. "As a result of the worsening service account,... Korea's current account, composed of goods and services, saw its surplus narrow by 30 percent on-year to 36.3 billion dollars. Kim Hye-sung, Arirang News. Visit ‘Arirang News’ Official Pages Facebook(NEWS): http://www.facebook.com/newsarirang Homepage: http://www.arirang.com Facebook: http://www.facebook.com/arirangtv Twitter: http://twitter.com/arirangworld Instagram: http://instagram.com/arirangworld
Views: 145 ARIRANG NEWS
GENESIS MINING: ONE MORE WEEK FOR PAYMENTS TO BE CREDITED | 07.25.2017
 
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Views: 884 crypto
Institutions vs. Constitutions
 
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The European Central Bank is the euro zone's most important institution in the midst of Europe's deepest financial crisis since World War Two Keywords: Central bank independence, Time inconsistency, Institutional design, Constitutional law, Benefit of the people, Benefit of the capital, Controlling Capital, Constitutions licensed by Central Banks. European partners: One country's balance of payments surpluses implies another country's balance of payments deficits. Other Related Articles: Can the Super Marios Save the Euro? By Michael Schuman, Time, Nov 29, 2011 http://business.time.com/2011/11/29/can-the-super-marios-save-the-euro/ The ECB President Defended the Fiscal Compact by Ralitsa Kovacheva, Sofia, Dec 21, 2011 http://www.euinside.eu/en/news/ecb-president-defended-the-fiscal-compact/ Mario Draghi's quiet revolution By Paul Carrel, Reuter, Mar 12, 2012 http://www.reuters.com/article/2012/03/12/us-ecb-draghi-idUSBRE82B0H620120312 ECB head Draghi urges reforms to European economy amid debate over austerity By David McHugh, The Associated Press, Apr 25, 2012 http://ca.news.yahoo.com/slow-european-economy-means-demand-loans-remain-slow-084109347--finance.html Mario Draghi's Vision of The Future European Worker By Klaus Hagendorf, May 11 , 2012 http://neweconomicperspectives.org/2012/05/mario-draghis-vision-of-the-future-european-worker.html Please note that this video may contain copyrighted material. Such material is used for educational purposes only; a "fare use" to provide understanding or give information for issues concerning us all.
Views: 106 Alberto Veronese
How Do You Calculate Terms Of Trade?
 
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Terms of trade, or TOT, is a term that represents the value of the exports of a country, relative to the value of its imports; the value is calculated by dividing the value of the exports by the imports, with the result then being multiplied by 100. The actual terms of trade between find the relative cost producing 2 goods for each person. It is the ratio at which a country can export or sell domestic goods for imported terms of trade, tot, term that represents prices exports country, relative to its imports; The calculated by dividing price imports, with result then being multiplied 100 formula. The formula below is used to calculate an economy's tot terms of trade (tot) index export prices import x 100. Calculation of term trade (with formula) economics discussion a url? Q youtube watchdavid ricardo's theory comparative advantage explains that if countries specialise in the production good service which they have advantage, then all can move outside their ppf and gain from. Explain and illustrate the conditions under which two countries can mutually benefit from trading with each other. Lets look at papayas first us's opportunity cost of a papaya is 3 apples. The gains from trade principles of microeconomics 1. It refers to the quantity of imports that exports buy. Similarly, the effect of import prices on real income may be understated in countries with low saving and a negative trade balance because change terms is weighted by share exports gdp calculating rate trading gains when jun 18, 2011 now we have to determine who has comparative advantage each good. After reading this article you will learn about 1. The indices are the average of change in price from one period to next, expressed as a percentage. How the gains from trade are distributed depends on terms of. The terms of trade is essentially the price. Mexico's opportunity cost of a papaya is terms trade are defined as the ratio between index export prices and import learning objectives. Calculation of term trade (with formula) economics discussion. So every country has to export commodities in order import goods the rate at which are traded, either between individuals or nations. India's terms of trade. It is the quantity of one good exchanged per unit another. But the price is stated in terms of quantity another good. It is known to us that every country has got its own money. Definition of terms trade 2. Terms of trade effects theory and measurement bureau how to finish solving your comparative advantage, or gains from international terms oecd data. The opportunity cost of good x in terms y can be calculated like so divide the total by trade, is meant or rates at which products one country are exchanged for other. Terms of trade in economics definition, formula & examples terms wikipedia. We calculate the however, such gain from specialisation and exchange depends on terms of trade (tot). Explain and illustrate how the terms of trade determine extent to which each country. Differ
Views: 46 Shad Texada Tipz
What Affects The Exchange Rate?
 
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This article examines how the krone exchange rate is influenced by factors such as long term, found to be dependent on oil. Key factors that affect foreign exchange rates compareremit. Inflation rate is declining but still on a high levels that has ve impact $ le 3rd feb. Unlike a textbook, the real world is not vaccuum and you can't manipulate single variable at time. This results in an appreciation of exchange rate rates are determined by factors, such as interest rates, confidence, current account on balance payments, economic growth and relative inflation currency is influenced many factors like employment figures, growth, trade balances, central bank actions, consumer spending 17 apr 2017 fluctuate due to a wide range interrelated but the market reaction changes rarely so straightforward. Here's the three factors that affect them 25 nov 2016 check out macroeconomic determine a country's foreign exchange rate, number plays huge role in global currency 16 sep 2013 affecting rates prepared by walid saafan. Yz rupees (originally answered holborn assets' answer to where and how are exchange rates determined? ). Fexco corporate exchange rates work? What affects them? The balance. Asp url? Q webcache. Factors that influence exchange rates investopedia articles basics 04 050704. How does monetary policy affect exchange rate? Quora. Economic factors affecting exchange rates foreign the canadian dollar what determines rate? . Factors which influence the exchange rate factors 5 rates transferwise., 2009 what is the reason behind, 1 dollar 60 or 6x. Factors influencing currency exchange rates how does inflation factors affecting slideshare. This results in higher revenue, which causes a demand for the country's currency and an increase its currency's value. Exchange rates factors affecting currency values. Infographic 6 factors that influence exchange rates. The impact of higher interest rates is mitigated, however, if inflation in the country much than others, or additional factors serve to drive currency down a country's terms trade improves its exports prices rise at greater rate imports. It's not as 10 jun 2015 in this infographic, six factors that influence the movement of foreign exchange rates are highlighted determinants rate short run. Substantial gdp growth is one main reason for introducing fiat money(currency) which, through central bank controlled monetary supply, 'creates' new money there are a few things to consider here. Factors that affect foreign exchange rates compareremit. Googleusercontent search. Consensus forecasts and analysis of currency exchange rates, that is to say its value relative foreign currencies the rate factors increase (or decrease) demand for canadian dollar, or this page discusses australian dollar within context reserve bank what determines behaviour rate? . So, for example, if a 2 jun 2017 consensus economics international surveys of exchange rate forecasts. The exchange rate and the reserve bank's role in foreig
Views: 19 Marisol Moran Tipz
Economic Survey - Twin Balance Problem by Ayussh Sanghi
 
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Ayussh Sanghi tells about twin balance problem in economic survey. He not only takes you through the facts but also teaches you how you can understand the topic thoroughly while preparing for a competitive examination. An extremely important video for all aspirants. Download Unacademy Educator App for Android: https://play.google.com/store/apps/details?id=com.unacademy Download Unacademy Learning App for Android: https://play.google.com/store/apps/details?id=com.unacademyapp&hl=en
Views: 18986 Unacademy
Dada Pota Show 23-08-2017 Current Account Deficit Textile Cement Pervez Musharraf
 
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Today, Dada G shared his opinion on important news that Current account deficit mounts to $2.1 billion. Pakistan posted a glaringly high current account deficit (CAD) of $2.1 billion (0.6 percent of GDP) in July. Even though exports were up 26 percent to $1.8 billion, imports were up by a massive 51 percent to $4.7 billion in July, according to the central bank data. Resultantly, trade deficit for the month was recorded at $2.9 billion, up 80 percent over last year. This high trade deficit has effectively eclipsed remittances, which were up 16 percent to $1.5 billion. Given the large CAD and few inflows in the financial account, the overall balance of payments have also declined by $1.5 billion, which is reflected in the ongoing decline in the country’s foreign exchange reserves. The country’s foreign exchange reserves are down to $19.9 billion (as of August 11), down 6.8 percent from $21.4 billion June end. While the central bank reserves have fallen 13 percent to reach year low of $14 billion as of August 11 which is three-month of import cover. It should be noted that the country posted a higher than expected CAD of $12.1 billion (4.0 percent of GDP) during the last fiscal year. “We expect this year’s CAD to be around $16 billion (5.0 percent of GDP), highest since FY08, which will be subject to revision if the above trend persists,” experts said. Experts are of the view that the government needs to take assertive actions as soon as possible to arrest the CAD and to control the decline in foreign exchange reserves. According to experts, rupee devaluation, regulatory duty on non-essential imports, export promotion, dollar bonds, bilateral borrowing etc could be some of the measures that the government must take immediately. The burgeoning CAD has led to concerns on the economic front, which is taking a toll on the local equity market amid the ongoing fluid political situation.
Views: 1073 Dada Pota show
How to add Payment Credits - Blockonomics
 
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How does Blockonomics pricing work? Upgrade Page: https://www.blockonomics.co/blockonomics#/upgrade Pricing detail article: https://blockonomics.freshdesk.com/solution/articles/33000208618-pricing-and-credit-balance-questions Merchants: Users who use Blockonomics plugin to receive Bitcoin payments on their website can top-up their Blockonomics profile by sending BTC to the address shown on upgrade page. (If you were to receive $5000 worth of payments, you could top-up your profile with $50 i;e 1% of the payments.) (Merchants need not subscribe to addresses as this is included in their fee.) If you have any other queries, join our Telegram: https://t.me/BlockonomicsCo See our Merchant page: https://www.blockonomics.co/merchants Our social media: Twitter: https://twitter.com/blockonomics_co Facebook: https://www.facebook.com/Blockonomics-1619324884975855/ Reddit: https://www.reddit.com/r/blockonomics/
Views: 3 Blockonomics
When Will the U.S. Debt Bubble Burst? Alan Greenspan on Economic Policy, Debt Spending (2003)
 
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In 1951 English economist James E. Meade (1907–1995) published The Balance of Payments, volume 1 of "The Theory of International Economic Policy", which proposed the theory of domestic divergence (internal and external balance), and promoted policy tools for governments. In 1955 he published volume 2 Trade and Welfare, which proposed the theory of the "second-best", and promoted protectionism. He shared the 1977 Nobel Economic Prize with Bertil Ohlin. In 1979 American economist Paul Krugman (1953–) published a paper founding New trade theory, which attempts to explain the role of increasing returns to scale and network effects in international trade. In 1991 he published a paper founding New economic geography. His textbook International Economics (2007) appears on many undergraduate reading lists. He was awarded the Nobel Prize in Economics in 2008. In 1954 Saint Lucian economist Sir Arthur Lewis (1915–1991) proposed the Dual Sector Model of Development Economics, which claims that capitalism expands by making use of an unlimited supply of labor from the backward non-capitalist "subsistence sector" until it reaches the Lewisian breaking point where wages begin to rise, receiving the 1979 Nobel Economics Prize. In 1955 Russian-born American economist Simon Kuznets (1901–1985), who introduced the concept of Gross domestic product (GDP) in 1934 published an article revealing an inverted U-shaped relation between income inequality and economic growth, meaning that economic growth increases income disparity between rich and poor in poor countries, but decreases it in wealthy countries. In 1971 he received the Nobel Economics Prize. Indian economist Amartya Sen (1933–) expressed considerable skepticism about the validity of neoclassical assumptions, and was highly critical of rational expectations theory, devoting his work to Development Economics and human rights. In 1981, Sen published Poverty and Famines: An Essay on Entitlement and Deprivation (1981), a book in which he argued that famine occurs not only from a lack of food, but from inequalities built into mechanisms for distributing food. Sen also argued that the Bengal famine was caused by an urban economic boom that raised food prices, thereby causing millions of rural workers to starve to death when their wages did not keep up.[109] In addition to his important work on the causes of famines, Sen's work in the field of development economics has had considerable influence in the formulation of the "Human Development Report",[110] published by the United Nations Development Programme.[111] This annual publication that ranks countries on a variety of economic and social indicators owes much to the contributions by Sen among other social choice theorists in the area of economic measurement of poverty and inequality. Sen was awarded the Nobel Prize in Economics in 1998. In 1958 American economists Alfred H. Conrad (1924–1970) and John R. Meyer (1927–2009) founded New Economic History, which in 1960 was called Cliometrics by American economist Stanley Reiter (1925–2014) after Clio, the muse of history. It uses neoclassical economic theory to reinterpret historical data, spreading throughout academia, causing economic historians untrained in economics to disappear from history departments. American cliometric economists Douglass Cecil North (1920–) and Robert William Fogel (1926–2013) were awarded the 1993 Nobel Economics Prize. In 1962 American economists James M. Buchanan (1919–2013) and Gordon Tullock (1922–2014) published The Calculus of Consent, which revived Public Choice Theory by differentiating politics (the rules of the game) from public policy (the strategies to adopt within the rules), founding Constitutional Economics, the economic analysis of constitutional law. Buchanan was awarded the 1986 Nobel Economics Prize. https://en.wikipedia.org/wiki/History_of_economic_thought
Views: 219 Remember This
A bilateral foil for US multilateral dilemma
 
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The good news is that the United States and China appear to have backed away from the precipice of a trade war. While vague in detail, a May 19 agreement defuses tension and commits to further negotiation. The bad news is that the framework of negotiations is flawed: A deal with any one country will do little to resolve America’s fundamental economic imbalances that have arisen in an interconnected world. There is a longstanding disconnect between bilateral and multilateral approaches to international economic problems. In May 1930, some 1,028 of America’s leading academic economists wrote a public letter to US President Herbert Hoover urging him to veto the pending Smoot-Hawley tariff bill. Hoover ignored the advice, and the global trade war that followed made a garden-variety depression “great.” President Donald Trump has put a comparable spin on what it takes to “make America great again.” Politicians have long favoured the bilateral perspective, because it simplifies blame: you “solve” problems by targeting a specific country. By contrast, the multilateral approach appeals to most economists, because it stresses the balance-of-payments distortions that arise from mismatches between saving and investment. This contrast between the simple and the complex is an obvious and important reason why economists often lose public debates. The dismal science has never been known for clarity. Such is the case with the US-China debate. China is an easy political target. After all, it accounted for 46% of America’s colossal $800bn merchandise trade gap in 2017. Moreover, China has been charged with egregious violations of international rules, ranging from allegations of currency manipulation and state-subsidised dumping of excess capacity to cyber-hacking and forced technology transfer. Equally significant, China has lost the battle in the arena of public opinion – chastised by Western policymakers, a few high-profile academics, and others for having failed to live up to the grand bargain struck in 2001, when the country was admitted to the World Trade Organisation. A recent article in Foreign Affairs by two senior officials in the Obama administration says it all: “(T)he liberal international order has failed to lure or bind China as powerfully as expected.” As is the case with North Korea, Syria, and Iran, strategic patience has given way to impatience, with the nationalistic Trump administration leading the charge against China. The counter-argument from multilateral-focused economists like me rings hollow in this climate. Tracing outsize current-account and trade deficits to an extraordinary shortfall of US domestic saving – just 1.3% of national income in the fourth quarter of 2017 – counts for little in the arena of popular opinion. Likewise, it doesn’t help when we emphasise that China is merely a large piece of a much bigger multilateral problem: the US had bilateral merchandise trade deficits with 102 countries in 2017. Nor does it matter when we
Views: 3 Football 247
The IMF Won’t Save Ukraine
 
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Are western Ukrainians to surrender the right to determine their economic policy and risk the loss of state-owned industries and assets in exchange for loans from the International Monetary Fund? In the first of three videos, Michael Hudson, Jeffrey Sommers, and James Carden explain why economic integration with the West won’t turn Ukraine into an economic success story. Contributors: Michael Hudson is a former balance-of-payments economist for Chase Manhattan Bank, Distinguished Research Professor of Economics at the University of Missouri, Kansas City, and an author of a major study of the IMF. Jeffrey Sommers is Associate Professor of Political Economy at the University of Wisconsin-Milwaukee and a visiting lecturer at the Stockholm School of Economics in Riga. James Carden is a former Advisor to the State Department on Russia and a regular contributor to The Nation. Moderator Alexander Reed Kelly is an assistant editor at Truthdig. This series was recorded in the Brooklyn office of Verso Books, and was produced by Endless Picnic.
Views: 10592 The Nation
Why Is the Trade Deficit a Problem? Proactive Solutions to U.S. Trade Crisis (2006)
 
01:30:47
Greider was born in Cincinnati, Ohio on August 6, 1936 to Harold William Greider, a chemist, and Gladys (McClure) Greider, a writer, and raised in Wyoming, Ohio, a Cincinnati suburb. William Greider went on to study at Princeton University, receiving a B.A. in 1958. His 2009 book was Come Home, America: The Rise and Fall (And Redeeming Promise) Of Our Country. Before that he published The Soul of Capitalism: Opening Paths to a Moral Economy, which explores the basis and history of the corporation, the existence of employee-ownership as an alternative form of corporate governance, environmental issues, and how important people's contributions are to make the economy a humane one. Given its anticipation of the issues raised by the 2008 securities crisis, Occupy Wall St., and works with a similar theme by Gar Alperovitz, Richard Wolff, Michael Moore, Noreena Hertz,[4] and Marjorie Kelly,[5] it can be considered an underrecognized work. He is national affairs correspondent for The Nation,[3] a liberal political weekly. Prior to his work at The Nation, he wrote for Rolling Stone magazine during the 1980s and 1990s, and worked as an on-air correspondent for Frontline on PBS.[6] Greider also wrote a book on globalization – One World, Ready or Not: The Manic Logic of Global Capitalism (1997) – which suggested vulnerabilities and inequities of the global economy. The credibility of this work was heavily criticized by economist Paul Krugman, who claimed that Greider ignored the fallacies of composition that run rampant in the work, misinterpreted facts (some of which were incorrect), and misled readers with false assumptions – all possibly due to his lack of consultation with economists.[7] Greider's most well-known, powerful and far-reaching work is Secrets of the Temple: How the Federal Reserve Runs the Country (1987), which chronicles the history of the Federal Reserve, and especially from 1979 to 1987 under the chairmanship of Paul Volcker, during the presidencies of Jimmy Carter and Ronald Reagan. A former reporter and editor at the Washington Post, Greider is credited with coining the term "Nader's Raiders" in a Post article dated November 13, 1968.[8] During an October 1, 2008 broadcast interview[9] on the impending passage of the "Wall Street bailout" despite widespread public opposition. Greider observed: "(T)his is a very revealing moment in American democracy. We’re seeing the real deformities and power alignments that govern issues like this, particularly the financial system. (A)ll of the power centers in politics and finance and business are discredited by these events. (W)e had this moment Monday (September 29, 2008) when, for complicated political reasons, a majority in the House rose up and said no. (O)f course...the broad public...regards this bailout as a swindle and backwards. (The public wonders 'w)hy are you giving all this money to the people who caused this crisis and taking the money from the public assets of the victims?'"[10] On January 29, 2009, in an interview with Amy Goodman on "Democracy Now!", Greider commented regarding the United States' financial system's financial crisis: "I’ve been writing for some months, the system is not just broken and not just injured; it is collapsed. And as long as the government continues to play putting Humpty Dumpty back together again, I think it will fail. That's not an ideological statement. It's just—I think it's the reality." https://en.wikipedia.org/wiki/William_Greider The commercial balance or net exports (sometimes symbolized as NX), is the difference between the monetary value of exports and imports of output in an economy over a certain period, measured in the currency of that economy. It is the relationship between a nation's imports and exports.[1] A positive balance is known as a trade surplus if it consists of exporting more than is imported; a negative balance is referred to as a trade deficit or, informally, a trade gap. The balance of trade is sometimes divided into a goods and a services balance. From Classical economic theory, those who ignore the effects of long run trade deficits may be confusing David Ricardo's principle of comparative advantage with Adam Smith's principle of absolute advantage, specifically ignoring the latter. The economist Paul Craig Roberts notes that the comparative advantage principles developed by David Ricardo do not hold where the factors of production are internationally mobile.[7][8] Global labor arbitrage, a phenomenon described by economist Stephen S. Roach, where one country exploits the cheap labor of another, would be a case of absolute advantage that is not mutually beneficial. In 2010, economist Ian Fletcher authored a significant work entitled, Free Trade Doesn't Work: What Should Replace It and Why, where he has supported a strategic approach to trade rather than an unconditional or unilateral approach. https://en.wikipedia.org/wiki/Balance_of_trade
Views: 227 Way Back
Do Debt Settlement Companies Really Work? Credit Card Debt Relief, Finance (2010)
 
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Debt settlement, also known as debt arbitration, debt negotiation or credit settlement, is an approach to debt reduction in which the debtor and creditor agree on a reduced balance that will be regarded as payment in full. In the U.K. you can appoint an Arbiter or legal entity to negotiate with the creditors. Creditors often accept reduced balances in a final payment and this is called full and final settlement but with debt settlement the reduced amount can be spread over an agreed term. Debt settlement is often confused with debt consolidation or debt management. In debt consolidation and debt management, the consumer makes monthly payments to the debt consolidator, who takes a fee and passes the rest on to the creditors; this way, creditors continue to receive payments each month. In debt settlement, the consumer makes monthly payments, out of which the debt settlement company takes its fees for the legal work or negotiation and payments are paid to the creditor. Unlike U.K. debt management there are no monthly management fees, the debt settlement company may get the creditor to accept a settlement of 40 pence in the pound, but the client pays 50 pence in the pound. The debt settlement company benefit from the extra 10 pence in this case. In the U.K. creditors such as banks, credit card, loan companies and other creditors are already writing off huge amounts of debt. Most creditors are open to negotiations and are willing to accept reductions of 50% or more. Debt settlement allows the public to spread payments out over a set term - instead of having to pay a lump sum in one go which is the case with Full and Final Settlement. Many people are taking advantage of Debt Settlement instead of conventional Debt Management because they have not seen debt management offer the benefits sold to them. U.K. debt settlement is not to be confused with full and final settlement where debt management companies have been known to hold onto client funds in which case the creditors get nothing until they decide to settle. Furthermore, the debt management company usually instructs the consumer not to make any payments to creditors. The intended effect is to scare creditors into settling the debt for less than the full amount. Typically, however, creditors simply begin collection procedures, which can include filing suit against the consumer in court.[2] As long as consumers continue to make minimum monthly payments, creditors will not negotiate a reduced balance. However, when payments stop, balances continue to grow because of late fees and ongoing interest.[1] This practice of holding client funds is regarded as unethical in the U.S. and U.K. U.S. debt settlement differs slightly. There are several indicators that few consumers actually have their debt eliminated by full and final settlement. A survey of U.S. debt settlement companies found that 34.4% of enrollees had 75 percent or more of their debt settled within three years.[3] Data released by the Colorado Attorney General showed that only 11.35 percent of consumers who had enrolled more than three years earlier had all of their debt settled.[4] And when asked to show that most of their customers are better off after debt settlement, industry leaders said that would be an "unrealistic measure." [5] Consumers can arrange their own settlements by using advice found on web sites, hire a lawyer to act for them, or use debt settlement companies. In a New York Times article Cyndi Geerdes, an associate professor at the University of Illinois law school, states "Done correctly, (debt settlement) can absolutely help people". However, stopping payments to creditors as part of a debt settlement plan can reduce a consumer's credit score from 65 to 125 points, with higher impacts on those who were current on their payments prior to enrolling in the program. And missed payments can remain on a consumer's credit report for seven years even after a debt is settled. Some settlement companies may charge a large fee up front, which ignores a rule from the Federal Trade Commission. Or they take a monthly fee from customer bank accounts for their service, possibly reducing the incentive to settle with creditors quickly. One expert advises consumers to look for companies that charge only after a settlement is made, and charge about 20 percent of the amount by which the outstanding balance is reduced. Other experts say debt settlement is a flawed model altogether and should be avoided. http://en.wikipedia.org/wiki/Debt_settlement
Views: 6626 The Film Archives
QuickBooks Online:  Cash Basis - Unapplied Cash Payment Income, Unapplied Cash Bill Payment Expense
 
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This video will show how to fix "Unapplied Cash Payment Income" and "Unapplied Cash Bill Payment Expense" on a cash basis Profit and Loss report. For more details, check out blog article regarding this subject matter - http://wp.me/p4sLmp-1SN Here are simple trigger reasons for these two account types: Triggers "Unapplied Cash Payment Income" when the date of the customer deposit date is before the invoice date it's applied to. Triggers "Unapplied Cash Bill Payment Expense" when the date of the vendor payment date is before the bill date it's applied to. Also, refer to IRS Publication 538 (Constructive Receipt Income) for more details. Visit our website: http://NewQBO.com Subscribe our YouTube Channels: http://youtube.com/VPController/ http://youtube.com/NewQBO/ Like us on Facebook: http://facebook.com/QuickBooksQBO/
Views: 4622 VPcontroller
The Fisher Effect
 
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Click Here http://folinidev.com/ForexAutoMoney With the Fisher Effect it is important to understand nominal interest rate and real interest rate. The nominal interest rate is the interest rate you hear about at your bank. If you have a savings account for instance, the nominal interest rate tells you how fast the number of dollars in your account will rise over time. The real interest rate corrects the nominal interest rate for the effect of inflation in order to tell you how fast the purchasing power of your savings account will rise over time. An easy estimation of the real interest rate is the nominal interest rate minus the expected inflation rate (Note that this estimate is unwise when looking at compounded savings.) Real interest rate = Nominal Interest Rate - Expected Inflation Rate Nominal Interest Rate = Real interest Rate + Expected Inflation Rate If inflation permanently rises from a constant level, let's say 4% per year, to a higher constant level, say 8% per year, that currency's interest rate would eventually catch up with the higher inflation, rising by 4 points a year from their initial level. These changes leave the real return on that currency unchanged. The Fisher Effect is an evidence that in the long-run, purely monetary developments will have no effect on that country's relative prices. It has been contended that the Fisher hypothesis may break down in times of both quantitative easing and financial sector recapitalisation. Economists have generally put forth following key economic theories which elucidate fluctuations in the relative valuations of currencies. These major theories are briefly explained below: 1-The international Fisher effect: According to this theory, the value of currencies between two countries A and B would be driven by the difference between the nominal interest rates. For example, the currency of the lower nominal rate currency should appreciate against the higher nominal rate currency by the same amount. 2-The Asset Market Model: This model focuses on how much money is flowing into any country to purchase stocks, bonds and other securities. The greater the flow of capital, the more will be the appreciation of the recipient currency. 3-The Monetary Model: The Central Bank and the Treasury play an important role in controlling inflation; and concomitantly triggering expectations about future inflationary trends. Lower rates and easy monetary policy (operating typically at full employment level) would raise inflationary expectations about future. If credit is available easily, it will automatically lead to credit boom and consequently increase in the price level. 4-The real rate difference between two countries: when real rates are higher, currencies in those countries will appreciate. Conversely, countries with lower rates will decline in value. This is because foreign and domestic investors will invest in countries with higher real interest rates. 5-The Purchasing Power Parity (PPP) is another interesting theory which states that the cost (price) of all commodities should be equalized across all countries. Currency of country with lower inflation should appreciate against the higher inflation country. 6-The balance of payments theory postulates that a country running larger current account balance will face a downward pressure on its currency. During the Asian flu of 1997, the currencies of Asian economies underwent massive depreciation after the number of non-performing loans of local banks (denominated in the US dollar) escalated. Remember Current Account is only one factor in the stability of currency. Other factors also count towards the strength of the local currency. For example, the US has been running deficits for a long period of time, yet the US dollar gains "periodic strength" during economic crisis. This is because US dollar is considered as a safe haven currency. To conclude, these economic theories work only under specific assumptions (conditions) in a perfect world with little or no transaction costs and perfect mobility of capital. In the real world, there are uncountable factors which determine the exchange rate at certain point of time. These theories might work; assuming low transaction costs and other hiccups in the long run. In the short run, macroeconomic indicators are a better barometer for currency valuation. Please read our blog at http://www.emergingstar.ca/blog for more details. Article Source: http://EzineArticles.com/?expert=Tariq_Ali_Asghar Article Source: http://EzineArticles.com/7269840 http://youtu.be/p9XiaHXYKzY http://www.youtube.com/user/TheFisherEffect?feature=watch
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Beware of the Resource Curse of Boom and Bust Cycles
 
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http://profitableinvestingtips.com/investing-tips/beware-of-the-resource-curse-of-boom-and-bust-cycles Beware of the Resource Curse of Boom and Bust Cycles Brazil rode high during its commodity boom and has been licking its wounds ever since. Venezuela bought friends in the Caribbean with discounted oil and now its citizens cannot find milk, diapers or toilet paper in the stores. Beware of the resource curse of boom and bust cycles in commodity dependent economies. Bloomberg writes about the economic meltdown in one resource rich economy, Mongolia. Mongolia, a mineral-rich and landlocked $12 billion economy bordering Russia and China, is staring at a full-blown balance of payments crisis. It’s caused barely a ripple in global financial markets, but the nation’s economic meltdown offers instructive lessons to far bigger resource-reliant economies like Brazil, Venezuela, Russia and Saudi Arabia. An overabundance of natural resources can result in lopsided economic growth, government waste and boom-bust cycles that can leave a country’s finances in tatters. Perhaps you have engaged in foreign direct investment in countries like Mongolia, Brazil, Russia or Saudi Arabia or have bought into stocks of companies that invest in these places. If that is the case you need to beware of what the economists call the resource curse of boom and bust cycles. Mongolia, like other resource rich countries, rode the Chinese economic boom to the top and then started to use their cash flow to get or issue credit to build too fast and syphon off their riches just as the riches were on the downturn. Investing in these countries can be profitable but how do you proceed in order to avoid losses? Our direct foreign investment article provides a few clues. Foreign direct investment is done by folks with lots of money and the intention to stay a course and make a profit. If you are looking for offshore investment ideas, take a look at where foreign direct investment goes year after year after year. There have been changes afoot regarding where foreign direct investment is going. A very useful reference in this regard is the just published United Nations study, World Investment Report 2013. We have used 2007 and 2012 as bookend comparison years as 2007 was just before the onset of the worst recession in three quarters of a century and 2012 is the most recent year reported. Of note is that direct foreign investment has fallen in the large majority of nations but there are exceptions that should help guide investors with their fundamental analysis of where to put their money in the years ahead. Take a look at the more recent World Investment Report of the United Nations for information as to where the smart money is going. Then you can pursue investment in commodity rich countries and often pick up bargains when the nation is going through the bust phase of their economic cycle. After all, the world always needs raw materials and the world economy always cycles up and down. Just don’t buy in at the top of a commodity boom only to lose your money in the bust. Beware the resource curse when investing. https://youtu.be/ADedXz9buSI
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What Is A Service In Economics?
 
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