Balance of Payments = all economic inflows vs. all economic outflows
Current Account includes trade of goods and services, and other things like 'transfer payments', aka, foreign aid. CA deficit means more outflows than inflows. If the deficit decreased, or improved, then outflows were down or inflows were up. The inflows were up by foreign aid. If foreign aid increased after the hurricane, CA deficit decreased (improved)... deceivingly; BoP improved...deceivingly. No real value added in exports of assets/ increase of inflows, just donor money inflating CA to look like less of a deficit.
10to1 says...
Balance of Payments = all economic inflows vs. all economic outflows
Current Account includes trade of goods and services, and other things like 'transfer payments', aka, foreign aid.
CA deficit means more outflows than inflows. If the deficit decreased, or improved, then outflows were down or inflows were up.
The inflows were up by foreign aid.
If foreign aid increased after the hurricane, CA deficit decreased (improved)... deceivingly; BoP improved...deceivingly. No real value added in exports of assets/ increase of inflows, just donor money inflating CA to look like less of a deficit.
On THE BUDGET: Government debt 'historically high'
Posted 31 May 2017, 11 p.m. Suggest removal
10to1 says...
Dear Bahamas,
Here is a list of reasons why you should let us conquer you.
If you don't accept them, don't say we didn't try to be nice.
In conquest,
China 🇨🇳
On The future for China-Bahamas relations after 20 years
Posted 24 May 2017, 3:51 p.m. Suggest removal