Discover how a nation's balance of payments can affect its currency's exchange rate and the dynamics of its relationship in ...

Money never stops moving across borders. Whether it’s exports, foreign investments, or massive international loans, every ...

The concept of balance-of-payments-constrained economic growth has long served as a vital framework for understanding how external imbalances can limit long-run economic expansion. This approach ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. China’s GDP statistics are widely thought to be, well, works of performance art.