English-Finnish translations for balance of payments

  • maksutaseMutta maksutase määräytyy suuressa määrin kullan ja puuvillan maailmanmarkkinahintojen pohjalta. But the balance of payments is largely determined by the price of gold and cotton on the world market. Toiseksi, maksutase on selvästi positiivinen, nimittäin rakenteellisesti, se ei ole sattumaa. Secondly, the balance of payments is in fact positive, structurally positive, and that is no mere chance. Vuoden 1998 maksutase kehittyi kuitenkin kielteisesti. Siitä on kuitenkin vastuussa myös Venäjän kriisi. However, the balance of payments deteriorated in 1998, with the crisis in Russia being partly responsible for this.

Definition of balance of payments

  • A measure of all flows of money into and out of a country including payments for goods and services and capital flows

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