The International Disequilibrium System1961 - Balance of payments - 172 pages |
Common terms and phrases
100 Commercial Bank 200 Commercial adjustment process automatic balance of payments balance-of-payments equilibrium bank reserves Bank Treasury Bills bullionist principle Cash Ratio Central Bank Treasury classical and Keynesian Commercial Bank Deposits countries decrease déséquilibre international dynamic dynamic system excess demand external deficit FF schedule foreign balance schedule foreign exchange reserves full employment Geldpolitik gold flows gold standard HARROD HUME's law increase in money inflationary pressure inflow of capital interest rates internal balance international disequilibrium system international trade theory internationale Ungleichgewichtssystem K₁ Keynesian assumptions KINDLEBERGER level of output Market Assets Ratio money income Money Market Assets money supply mouvements de l'or moves in proportion MUNDELL neutralization policy open market operations original level output and employment point Q position price and wage Quadrant quantity of money rate of interest rates and money reserve ratio shifting the FF supply of money système de déséquilibre tighter monetary policy trade balance transfer Treasury Bills 200 XX curve