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  • 标题:A simple model of developing countries: financing the current account deficit
  • 本地全文:下载
  • 作者:Özgür Bayram SOYLU
  • 期刊名称:Eastern Journal of European Studies
  • 印刷版ISSN:2068-651X
  • 电子版ISSN:2068-6633
  • 出版年度:2020
  • 卷号:11
  • 期号:1
  • 页码:123-145
  • 语种:English
  • 出版社:Alexandru Ioan Cuza University of Iasi
  • 摘要:A stock flow consistent model provides a monetary and financial framework to macroeconomics. It clearly shows the sources of financing for investments and also answers the following questions: Where does the finance for investment come from? and How are budget and current account deficits financed? This paper presents a simple stock flow consistent model for the developing countries with current account deficits. Most of these countries seem to cover the current account deficit by public borrowing and private sector borrowing. For this purpose, the motivation of this paper is based on the state of these countries and the modelling of their position.
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