The Concept of Fundamental Equilibrium

M. Panić
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M. Panić: Selwyn College

Chapter 3 in National Management of the International Economy, 1988, pp 61-71 from Palgrave Macmillan

Abstract: Abstract It is impossible to discuss international economic issues meaningfully without some idea of the conditions necessary for the relationships between two or more countries to be sustained over a period without — and this is the crux of the matter — changes in existing policies and, in some cases, institutions. In other words, it is essential to have a definition, no matter how broad, of ‘international equilibrium’.

Keywords: Basic Balance; International Equilibrium; Internal Balance; Current Balance; External Balance (search for similar items in EconPapers)
Date: 1988
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-07129-6_3

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DOI: 10.1007/978-1-349-07129-6_3

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