Discover what basic balance means in economics, its role in balance of payments, and how it helps evaluate a country's inflow ...

A country's balance of payments (BOP) is the record of all international transactions (payments and receipts) between the individuals and entities (including government) of that nation and other ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. China’s GDP statistics are widely thought to be, well, works of performance art.

The IMF’s “message” is that the widening of the U.S. deficit and the Chinese surplus over the course of 2024 was unwelcome—it took both countries away from their estimated current account balances (in ...