- Industry: Education
- Number of terms: 31274
- Number of blossaries: 0
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A major financial crisis that began in Thailand in July 1997 and quickly spread to other East Asian countries.
Industry:Economy
A multilateral institution based in Manila, Philippines, that provides financing for development needs in countries of the Asia-Pacific region. As of June 2007, ADB had 44 developing member countries.
Industry:Economy
A theory of determination of the exchange rate that focuses on its role as the price of an asset. With high capital mobility, equilibrium requires that expected returns on comparable domestic and foreign assets be the same.
Industry:Economy
A group of 25 countries of the Caribbean that signed a convention in 1994 to foster "consultation, cooperation and concerted action. "
Industry:Economy
A free trade agreement formed in 1983 between Australia and New Zealand. Said to be one of the most comprehensive bilateral free trade agreements in the world, it was also the first to include trade in services. Identified as ANCERTA, ANZCERTA, and CER.
Industry:Economy
ACE is an online system developed by U. S. Customs and Border Protection to process international trade.
Industry:Economy
A theory of the determinants of international trade, due to Kravis (1956), that says that countries import what they do not have available domestically and export what they do. The theory can be said to encompass explanations of trade that stress factor endowments, technological differences, and product differentiation.
Industry:Economy
1. A list, or accounting, of all of a country's international transactions for a given time period, usually one year. Payments into the country (receipts) are entered as positive numbers, called credits; payments out of the country (payments) are entered as negative numbers called debits. 2. A single number summarizing all of a country's international transactions: the balance of payments surplus.
Industry:Economy
A common reason for restricting imports, especially under fixed exchange rates, when a country is losing international reserves due to a trade deficit. It can be said that this is a second best argument, since a devaluation could solve the problem without distorting the economy and therefore at smaller economic cost.
Industry:Economy
A number summarizing the state of a country's international transactions, usually equal to the balance on current account plus the balance on financial account, but excluding official reserve transactions, or omitting also other volatile short-term financial-account transactions. It indicates the stress on a regime of pegged exchange rates.
Industry:Economy
