第二讲：国际收支平衡表和开放经济宏观经济恒等式.ppt

第二章国际收支平衡表和开放经济宏观经济恒等式 2010-2011-2学期 江南大学商学院金融系 区分四个概念 GDP国内生产总值 GNP国民生产总值 NNP国民生产净值 NI国民收入 开放经济宏观恒等式 S=I Double/twin deficit 问题： 1997-1999期间，欧盟的政府赤字不断改善，但是经常项目的状况却逐渐恶化，是否说明双赤字理论不成立？ 欧盟的政府赤字和经常项目/stats/external/balance/html/index.en.html /external/pubs/ft/bop/2007/pdf/bpm6.pdf IIP The IIP is a statistical statement that shows at a point in time the value of: financial assets of residents of an economy that are claims on nonresidents or are gold bullion held as reserve assets; and the liabilities of residents of an economy to nonresidents. The difference between the assets and liabilities is the net position in the IIP and represents either a net claim on or a net liability to the rest of the world. BOP The balance of payments is a statistical statement that summarizes transactions between residents and nonresidents during a period. It consists of the goods and services account, the primary income account, the secondary income account, the capital account, and the financial account. Double-Entry Basis of Balance of Payments Statistics Recording for individual transactions The recording of debits and credits underlies the accounting system at the level of individual transactions. Each transaction in the balance of payments is recorded as consisting of two equal and opposite entries, reflecting the inflow and outflow element to each exchange. For each transaction, each party records a matching credit and debit entry: Credit (CR.)—exports of goods and services, income receivable, reduction in assets, or increase in liabilities. Debit (DR.)—imports of goods and services, income payable, increase in assets, or reduction in liabilities. A simple example is for sale of goods to a nonresident for 100 in currency. For the seller: Exports 100 (CR.) Currency 100 (DR.—Increase in financial assets) (The transaction involves the provision of physical resources to nonresidents and a compensating receipt of financial resources from nonresidents.) Double-Entry Basis of Balance of