Balance of payments adjustment mechanism

 

Home
Site Map
Add Term
Search
About Us
Contributors

Balance of payments adjustment mechanism

Any process, especially any automatic one, by which a country with a payments imbalance moves toward balance of payments equilibrium. Under the gold standard, this was the specie flow mechanism.



Similar Matches

Structural adjustment program

Structural adjustment program

The list of budgetary and policy changes required by the IMF and World Bank in order for a developing country to qualify for a loan. This "conditionality" typically includes reducing barriers to trade and capital flows, tax increases, and cuts in government spending.


Walrasian adjustment

Walrasian adjustment

A market adjustment mechanism in which price rises when there is excess demand and falls when there is excess supply. Strictly speaking, these excess supplies and demands are those that would obtain without any history of disequilibrium, as with a Walrasian auctioneer.


Adjustment assistance

Adjustment assistance

Government program to assist those workers and/or firms whose industry has declined, either due to competition from imports (trade adjustment assistance) or from other causes. Such programs usually have two (conflicting) goals: to lessen hardship for those affected and to help them change their behavior -- what, how, or where they produce.


Marshallian adjustment

Marshallian adjustment

A market adjustment mechanism in which quantity rises when demand price exceeds supply price and falls when supply price exceeds demand price.


Adjustment date

Adjustment date

This is the date on which the interest rate changes for a variable rate mortgage.


Further Suggestions

Border tax adjustment
higher rate adjustment
Adjustment mechanism
Structural adjustment
International adjustment process
Trade adjustment assistance
Cumulative Translation Adjustment (CTA) account
Adjustment bond


 
All rights Reserved. Do not copy without permission.