Milenkovic, Ivan; Milenkovic, Dragana - In: Romanian Economic Journal 14 (2011) 39, pp. 89-114
the introduction, first we examine general issues of balance of payment theory and policy: whether conventional wisdom …. Traditional balance-of-payment theory had been focused on current account. Modern globalized world economy pushed focus from … balance-of-payment’s theory and policy to capital account issues, as presently more important account, while current account …