the analysis of the interconnections between the indicators of the external payment balance and the macroeconomic aggregates of results

the analysis of the interconnections between the indicators of the external payment balance and the macroeconomic aggregates of results

;Constantin ANGHELACHE;Alexandru MANOLE;Mădălina Gabriela ANGHEL;Marius POPOVICI
Journal of controlled release : official journal of the Controlled Release Society 2016 Vol. 64 pp. 003-008
146
anghelache2016revistathe

Abstract

The payment balance (BP) may be defined, generally, as a statistic image of the international economic transactions between resident and non-resident agents of a country. These transactions are considered during one period of time (year, trimester, month). In spite of its denomination, BP concerns not only the usual payments, but all transactions, even if a part of them does not comprise the cash payments.

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