The “Main Merchant Roads – theory”. Restoration of the merchant roads after 1990 – problems and new opportunities. The position and specialization of the CEE-countries within the Internal market.

The article discusses different causes of financial crises and shows that the imputation of reinvested profits of the subsidiaries of foreign firms as a debit item on a host country's balance of payments account tends to overstate the current account deficit and to make the host country seem...