capital export

A similar effect can result from capital exports.

So the United States 'needed' a current account surplus to finance its capital exports.

When the last great English-speaking empire bestrode the globe a hundred years ago, capital export was a foundation of its power.

If a country went over that, it would be charged interest, obliging a country to reduce its currency value and prevent capital exports.

Other capital-surplus countries, like West Germany, will also be constrained in their capital exports, but for other reasons.

He also faced two charges of illegal capital export after buying a luxury yacht from a Greek shipowner and then refurbishing it.

He said one of the biggest problems in Japan's capital exports was that too much went to the United States now, where it has only created friction.

Unrest, repression and political paralysis in the mid-1980's only reinforced a long-standing economic gloom, converting sporadic capital flight into sustained capital export.

Professor Horioka argues that the reduced savings will lead to sharp declines in Japan's capital exports and in the Japanese trade surplus.

It will also contribute to a continuing debate about the volume of UK capital exports and the effects on the domestic economy of high levels of foreign lending.

The most famous example of America's capital export was the Marshall Plan, which did not lend but gave $11.8 billion to revive the dilapidated postwar economies of Europe.

Marx (volume III of "Das Kapital") mentions capital export as a countervailing tendency for the tendency of the profit rate to fall.

The reasons, he puts forward, are that if capital finds in other parts of the world areas with lower costs and higher profit rates, capital exports increase the average rate of profit.

But it was one of the main causes of the heavy debt accumulation - and responsible for the massive capital exports and for high levels of imports for conspicuous consumption.

And despite the mainland's huge edge in territory and population, Taiwan is a weightier player in the world economy by almost every measure: industrialization, trade flows, capital exports and international reserves.

A significant part of the problem was related on the one hand to the scale of government overseas expenditure (government current transactions), and on the other to the scale of capital exports.

Even this further devaluation failed to restore confidence as the US treasury secretary announced that the United States would not intervene to support the dollar and intended to remove all controls on capital exports.

The importance of the mining sector in the City's international role of capital export has been underestimated by historians, who have, in most cases, drawn a broad picture of British investment overseas in her imperial prime.

In fact Great Britain's capital exports helped to correct global imbalances as they tended to be counter cyclical, rising when Britain's economy went into recession, thus compensating other states for income lost from export of goods.

Coyne disagreed, arguing that loose-money policies were creating a debt crisis and that Canada was relying too much on capital exports and loans from the United States and that a tightening was needed.

"Persistent deficit countries would be allowed or required to depreciate their currencies, to sell the ICB [ie Keynes' proposal for an International Clearing Bank] any free gold, and prohibit capital exports.

The Eurocurrency market is a wholesale market; it had its origins in holdings of US dollars outside the US in the sixties at a time when the US authorities were placing restrictions on capital exports.

The creation of a secure climate for foreign investment and the elimination of restrictions on joint ventures, capital exports and potential earnings might eventually attract even American and Western European real estate developers to invest in the Polish market.

In the 1970s and 1980s numerous Croatian companies had Egypt and other Arab countries as a capital export market, including INGRA, and the Croatian authorities have been trying to re-create these opportunities with various investment-related activities.

The increase in Target liabilities is a direct measure of net payment orders across borders, i.e. of the portion of the current account deficit that is not counterbalanced by capital imports, or, equivalently, the sum of the current account deficit and net capital exports.