Internal and External Balance of Economy

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SLANÝ Antonín SLANÝ Antonín

Year of publication 2001
Type Article in Periodical
Magazine / Source Studia ekonomiczne
MU Faculty or unit

Faculty of Economics and Administration

Field Economy
Keywords internal balance; external balance; net exports; conflicts of internal and external balance; mechanisms of reaching of balance; fixed exchange rate; floating exchange rate
Description The article focuses on theoretical aspects of formation of internal and external balance in market economies. This mechanism is described and exemplified by floating exchange rates. At the same time it examines the interrelationship between fiscal and monetary policies and their efficiency.
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