Balance of Payments and International Investment Positions

Peijie Wang
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Peijie Wang: Plymouth University

Chapter 4 in The Economics of Foreign Exchange and Global Finance, 2020, pp 71-104 from Springer

Abstract: Abstract Since the sixth edition of the Balance of Payments and International Investment Position Manual (BPM6), the IMF has replaced the phrase “an economy or a country and the rest of the world” by “residents of an economy and non-residents”, to reflect the changed realities taken place in the last few decades. Transactions represented by flows of goods, services and capital are presented in the form of double-entry bookkeeping.

Date: 2020
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DOI: 10.1007/978-3-662-59271-7_4

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