Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In the attached Excel files, you are provided with BOP data for China, USA, and Russia between 2014 and 2018. Based on this data, analyze

image text in transcribed

In the attached Excel files, you are provided with BOP data for China, USA, and Russia between 2014 and 2018. Based on this data, analyze each countrys BOP by providing a detailed analysis. Your analysis should include discussion of how specific accounts (current account, financial account and reserves) in each countrys BOP changed between 2014 and 2018. Finally, based on your country-specific analysis, compare and contrast the basic characteristics of each countrys economic activity in terms of their Current Account, Financial account and Reserves balances, in other words compare them in terms of their Surplus or Deficit for each of these three accounts.

China, P.R.: Mainland: Balance of Payments Analytic Presentation by Country Millions of U.S. Dollars Click here for country specific metadata 2016 349.904,2 33.165,1 2017 100.887,5 152.741,5 2018 198.421,3 121.426,6 Debt instruments Other investment, liabilities Other equity Debt instruments Balance on current, capital, and financial account Net errors and omissions Reserves and related items Reserve assets Net credit and loans from the IMF (excluding reserve position) Exceptional financing 2014 2015 328.909,5 82.453,0 50.151,4 -351.538,3 0,0 50.151,4 -351.538,3 184653 -129982 -66869 -212959 117783 -342941 117783 -342941 0,0 0,0 33.165,1 -214211 -229414 -443625 -443625 0,0 152.741,5 304562 -213036 91526 91526 121.426,6 179090 -160213 18877 18877 0,0 0,0 This data report uses the BOP Standard Presentation format as defined in the 6th Edition of the Balance of Payments Manual (BPM6). (-) Indicates that a figure is zero (...) Indicates a lack of statistical data that can be reported or calculated from underlying observations (K) Indicates the splice point between official BPM6-basis estimates and IMF converted BPMS-basis estimates Data extracted from IMF Data Warehouse 1/14/2020 7:27:37 AM China, P.R.: Mainland: Balance of Payments Analytic Presentation by Country Millions of U.S. Dollars Click here for country specific metadata 2016 349.904,2 33.165,1 2017 100.887,5 152.741,5 2018 198.421,3 121.426,6 Debt instruments Other investment, liabilities Other equity Debt instruments Balance on current, capital, and financial account Net errors and omissions Reserves and related items Reserve assets Net credit and loans from the IMF (excluding reserve position) Exceptional financing 2014 2015 328.909,5 82.453,0 50.151,4 -351.538,3 0,0 50.151,4 -351.538,3 184653 -129982 -66869 -212959 117783 -342941 117783 -342941 0,0 0,0 33.165,1 -214211 -229414 -443625 -443625 0,0 152.741,5 304562 -213036 91526 91526 121.426,6 179090 -160213 18877 18877 0,0 0,0 This data report uses the BOP Standard Presentation format as defined in the 6th Edition of the Balance of Payments Manual (BPM6). (-) Indicates that a figure is zero (...) Indicates a lack of statistical data that can be reported or calculated from underlying observations (K) Indicates the splice point between official BPM6-basis estimates and IMF converted BPMS-basis estimates Data extracted from IMF Data Warehouse 1/14/2020 7:27:37 AM

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions