1945

In the trivial sense of an accounting identity, net foreign resource inflows, being the counterpart of a deficit in the balance of payments on current account, must equal the difference between domestic capital formation and domestic saving. While this says nothing of interest about the role of foreign resources in the process of economic development, it is a convenient starting point for a quantitative description of recent trends of foreign resource flows into developing Asia.

Related Subject(s): Economic and Social Development
Sustainable Development Goals:
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