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THE NATURE CAUSES
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achieve adjustment analysis balance of payments banks basic balance behaviour bloc Bretton Woods System capita income capital flows cent ceteris paribus changes chapter commercial policies competitive Consequently costs country's currency current balance debt decline deficit countries demand depend developing countries division of labour domestic economic development effect efficiency and income energy crisis ensure eurocurrency exchange rate exports extent external balances factors of production firms foreign free trade global governments groups highly Ibid important income levels increase industrial countries industrialised international economic integration International Energy Agency international financial international integration investment long-term capital major monetary union number of countries OECD oil producers oligopolistic OPEC organisation output period political problems productive potential productivity and income protection rate of growth rate of inflation reasons reduce regional relative result sectors short-term similar stabilisation structural surplus countries sustain Table technical term transnationals World Bank world economy