请输入您要查询的百科知识:

 

词条 Internal balance
释义 {{Unreferenced|date=December 2009}}

Internal balance in economics is a state in which a country maintains full employment and price level stability. It is a function of a country's total output,

II = C (Yf - T) + I + G + CA (E x P*/P, Yf-T; Yf* - T*)

Internal balance = Consumption [determined by disposable income] + Investment + Government Spending + Current Account (determined by the real exchange rate, disposable income of home country and disposable income of the foreign country).

External balance signifies a condition in which the country's current account, its exports minus imports, is neither too far in surplus nor in deficit. It is signified by a level of the current account which is consistent with the maintenance of existing (or growing) levels of consumption, employment and national output over the long term. It is notated by

XX = CA (EP*/P, Y-T, Yf* - T*)

External balance = the right amount of surplus or deficit in the current account.

Maintaining both internal and external balances requires use of both monetary policy and fiscal policy. That is one reason why floating exchange rates may be superior to fixed exchange rates. Under fixed exchange rates, governments are not usually free to employ monetary policy. Under floating rates, countries can use both.

{{DEFAULTSORT:Internal Balance}}

2 : Unemployment|Inflation

随便看

 

开放百科全书收录14589846条英语、德语、日语等多语种百科知识,基本涵盖了大多数领域的百科知识,是一部内容自由、开放的电子版国际百科全书。

 

Copyright © 2023 OENC.NET All Rights Reserved
京ICP备2021023879号 更新时间:2024/11/14 13:44:42