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Balance of Payments Theory

In: International Macroeconomics

Author

Listed:
  • Graham Bird

    (University of Surrey)

Abstract

The purpose of this chapter is to build on the model of the open economy constructed and refined in previous chapters. Contained in the model described there is the core of a general theory of the balance of payments or of the exchange rate.

Suggested Citation

  • Graham Bird, 1998. "Balance of Payments Theory," Palgrave Macmillan Books, in: International Macroeconomics, edition 0, chapter 4, pages 35-48, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-37229-0_4
    DOI: 10.1057/9780230372290_4
    as

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