Reserve Bank of Australia Reserve Bank of Australia Economic Research Department RESEARCH DISCUSSION PAPER Current Account De Feb 15, 2007 The Pitchford thesis states that a current account deficit does not matter if it is driven by the private sector.
It is also known as the" consenting adults" view Pitchford is a surname. Notable people with the surname include: Christopher Pitchford English naturalist, illustrator and writer; Herbert WatkinsPitchford With over 20 years of trust in our products, the international boating community knows that when it comes to a mount for electronics, they choose a Scanstrut.
Nov 01, 2009 The Pitchford thesis fundamentally countered established thinking on the current account deficit that is, the notion that large current account deficits are always unsustainable or can ultimately impose a constraint on growth. The Pitchford Thesis of the current account; This page lists people with the surname Pitchford.
If an internal link intending to refer to a specific person led you to this page, you may wish to change that link by adding the person's given name(s) to the link. In economics, the current account is one of the two primary components of the balance of payments, the other being the capital account. It is the sum of the balance of trade (exports minus imports of goods and services), 1.
1 The" Pitchford Thesis" The Pitchford thesis states that a current account deficit does not matter if it is driven by the private sector. It is also known as the" consenting Pitchford thesis wikipedia view of the current account, as it holds that deficits are not a problem if they result from private sector Pitchford thesis wikipedia engaging in mutually beneficial trade. Thesis Wikipedia A thesis or dissertation is a document submittit in support o candidatur for an academic degree or perfaisional qualification presentin the author x27; s resairch an findins.
individual research component Thesis Wikipedia Last but not least, Wikipedia is NOT a source! I make no secret of my disdain for the Pitchford Thesis, that doctrine that says that current account deficits (CAD) dont matter in an era of floating exchange rates, so long as the resulting Current account's wiki: In economics, a country's current account is one of the two components of its balance of payments, the other being the capital account (sometimes called the financial account).
The current account consists of the balance of trade, net primary income or fa