Brada, Josef C.; Tomšík, Vladimír - In: Politická ekonomie 2004 (2004) 3, pp. 313-329
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...