Private Current account

So... checking account.

The result is that overdraft credits to the Greek central bank have grown by nearly 1 billion a day in recent months. If Greece defaults and leaves the eurozone, these overdrafts will not be repaid.

Current account balance

For them, the Chinese current account surplus and its mirror image, the US current account deficit, are the central problem.

although this would be an asset for him is a checking account.

Current account (billions of dollars) c

An increase in gold imports placed further pressure on the current account balance.

China and India Exposed

As these countries posted current account deficits, northern European countries accumulated current account surpluses, exposing a widening competitiveness gap.

These countries combined current account deficit matches Germany s surplus almost exactly. (The eurozone s aggregate current account with the rest of the world is balanced.)

What makes this perverse is that Germany runs a huge current account surplus.

And with that lower saving rate will come a smaller current account surplus.

Much is made of Germany s large current account surpluses.

Germany had a current account surplus of 2.1 of GDP at the time, while Japan s was 4.4 .

Germany s enormous current account surplus aggravates their problems further.

Germany now has a current account surplus of about 215 billion a year, while the rest of the eurozone is running a current account deficit of about 140 billion.

The current account deficit has been almost eliminated, and the banking crisis contained.

Thus, in order to keep the current account deficit stable, the trade deficit must shrink.

Voilà a successful short trade.

Shorting Fiscal Consolidation

In Spain, the counterpart to the current account deficit was private sector borrowing.

The counterargument hinges on the difference between the current account deficit and the trade deficit.

The deterioration in the region apos s overall current account took place despite its improvement in the non oil economies.

Since a country s current account surplus is the difference between its national saving and its national investment, China s current account surplus is likely to continue to shrink in the coming years.

The world s current account balances must ultimately sum up to zero.

The ensuing loss of competitiveness manifested itself in large and growing current account deficits and slowing growth.

Moreover, the aforementioned developing economies all have one thing in common large current account deficits.

They argue that current account balances reflect national savings and investment rates.

b Current account items only, based on the official unadjusted claims.

Third, the net flow of capital is from emerging markets to the US this is what it means to have current account surpluses in emerging markets and a deficit in the US.

For a few years, imports surged, and by 1995 a sizeable current account deficit had developed.

The problem of current account imbalances is closely linked to the existence of a world savings glut.

And here in PB 2, let's say these are deposited in a chequeing account.

Global macroeconomic stability requires that we avoid such large current account imbalances in the future.

In the last 60 years, the US has underpinned global growth by running persistent current account deficits.

The US current account deficit has been narrowing in recent quarters, thanks to export growth.

SINGAPORE These days everyone seems to want to run a current account surplus.

The resources of the Special Account amounts shall be at least 20 times the annual administrative account derived from sources indicated in paragraph 2 under the coordination of the host country.

On top of this is the almost certain unwinding of global current account imbalances.

Leading Bush administration officials used to talk of the US current account deficit being a gift to the outside world.

Most analysts and policymakers are becoming increasingly concerned about the sustainability of the current account deficit of the United States.

An economy s current account is the difference between its investment rate and its savings rate.

Indeed, America s current account position strengthened despite the dollar s appreciation in the face of safe haven demand.

The larger deficits would also eliminate all of the excess saving that now underpins the current account surplus.