LAWIN

Search results for: “balance of payments”

  • Invisible Trade

    Invisible Trade in International Trade Meaning of Invisible Trade, according to the Dictionary of International Trade (Global Negotiator): Non-merchandise items such as freight, insurance, and financial services that are included in a country's balance of payments accounts (in the current […]

  • Structural Adjustment Lending

    World Bank program designed to assist developing nations with balance of payments problems resulting from correctable internal economic patterns. The program provides hard currency loans conditional upon agreement by the beneficiary country to undertake certain specified corrective measures, […]

  • Capital Account

    Entries in a nation's balance of payment accounts reflecting long- or shortterm loans made to other countries, or by other countries to the recording nation. See Balance of Payments….

  • Capital Account

    Entries in a nation's balance of payment accounts reflecting long- or shortterm loans made to other countries, or by other countries to the recording nation. See Balance of Payments….

  • Short-Term Capital

    Short-Term Capital Transactions and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Short-Term Capital Transactions: An element of a country's balance of payments that reflects loans granted to or received […]

  • Moratorium

    An official suspension of foreign remittances, including commercial settlements, usually as a result of a chronic negative balance of payments….

  • Temporary Tariff Surcharge

    An increased rate of duty on imports temporarily applied, usually to aid in correcting a balance of payments deficit….

  • Oil Facility

    A borrowing facility established by the International Monetary Fund in June 1974 to provide member nations with financial resources to accommodate balance of payments deficits due to increased petroleum prices. The facility was eliminated in 1976….

  • Gold Crisis

    A condition that arises when a nation exports so much gold as to draw close to the amount legally required as a reserve for currency outstanding. Often this condition is the product of a severe and protracted deficit in balance of payments….

  • Familiar Drawing Techniques

    process within the international monetary FUND (read this and related legal terms for further details) whereby a member nation suffering balance of payments problems may obtain foreign currencies from the IMF in exchange…

  • Credit Tranche

    A lending facility at the International Monetary Fund for nations suffering balance of payments difficulties. Before borrowing in the credit tranche, a nation must have exhausted its gold tranche facility. The gold tranche is equivalent to the amount of gold that a nation has deposited with the IMF,…

  • Central Monetary Institutions

    The principal agencies of government responsible for a nation's international financial affairs, particularly in exchange rate or balance of payments matters. The central monetary institutions usually consist of the ministry of finance and the central bank, or another exchange control agency….

  • International Monetary Fund

    International Monetary Fund Outline The UN Monetary and Financial Conference met in Bretton Woods, New Hampshire, United States, from 1 to 20 July 1944. The Bretton Woods Agreement announced the establishment of the International Monetary Fund (IMF) and the International Bank for […]

  • International Monetary Fund

    International Monetary Fund Outline The UN Monetary and Financial Conference met in Bretton Woods, New Hampshire, United States, from 1 to 20 July 1944. The Bretton Woods Agreement announced the establishment of the International Monetary Fund (IMF) and the International Bank for […]