Talk:Current account
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[edit] Account definitions
- The current account, capital account, financial account and change in official reserves together sum to zero as a result of accounting definitions.
This conflicts with balance of payments which appears to say that the financial and capital accounts are the same thing. -- Beland 23:55, 24 October 2006 (UTC)
The capital and financial accounts are different, although they both belong on the opposite side of the BoP. The K account is generally quite insignificant, so many textbooks say it is the same thing as the Financial account. [Eric 14:25, 29 October 2006 (AEST)]
- So can we remove the "dubious assertion," or should we wait for an empirical explanation as requested below? -- Andersem
[edit] Empirical measurement
How is this figure empirically determined for any given country? -- Beland 00:00, 25 October 2006 (UTC)