The value of a country's currency depends on the overall economy of the country. This includes manufacturing, foreign investments, employment, trade balance and many other economic indicators. All of ...

The countries of the European periphery are experiencing a balance of payments crisis stemming from persistent current account deficits and sharply lower private capital inflows, a condition known as ...

Thanks to Ron H. in the comment section for recommending the series of three videos below by Sal Khan at Kahn Academy as “one of the best overall explanations of Balance of Payments I’ve ever ...

Journal of Post Keynesian Economics, Vol. 30, No. 3 (Spring, 2008), pp. 409-433 (25 pages) Less than 20 years ago, the Irish economy was tired and sluggish, suffering from double-digit unemployment ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. For better or for worse, I have been trying to track the evolution of the foreign ...

Thomas J. Brock is a CFA and CPA with more than 20 years of experience in various areas including investing, insurance portfolio management, finance and accounting, personal investment and financial ...

The balance of payments figures of Pakistan for the full year, 2024-25, were released a few days ago by the SBP. There is an overall balance of payments surplus of USD 3.7 billion, in comparison to a ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. Right now, there is—appropriately—a premium on looking forward. The world’s ...

The 1940s saw a series of movies with Bing Crosby and Bob Hope, starting with the Road to Singapore in 1940. The plot was always similar. Bing and Bob, two fast-talking con men or song-and-dance ...