There are many determinants of the current account imbalance. They are unique to different economies. It is important to identify them because it helps policymakers understand the underlying causes of the deficit and develop appropriate policy changes.
The country has to maintain an internal balance between the sectors to keep a check on the economic variables such as unemployment rate, production output, and inflation.
A country that has a current account deficit is one that is borrowing money from other nations or selling assets to pay for its investments and consumption.
This article discusses the economic contributions of India’s agriculture sector, focusing mostly on a few metrics including employment, GDP, revenues, FDI, GNP, and wages over the past 25 years.
The purpose of this article is to discuss the efficiency of Saudi Arabia’s government spending. This will be highlighted by explaining key indicators used for assessing growth and development in Saudi Arabia.