Current transfers

Transfers include the inter-country transfer of material resources, when in exchange the country does not receive any value equivalent, i.e. depending on the direction of the transfer, it is reflected in the balance of payments only by credit or debit. Transfers are current and capital. Current transfers are included in the current account of the […]

The role of international organizations in the regulation of IER

International organizations can be divided into two groups: universal: UN, WTO, OECD; regional, which are created within the framework of integration associations: CES, APEC, etc. A significant role in the interstate regulation of IER is played by the United Nations (UN), which includes 185 countries. Among the UN organizations directly related to economic activities, mention […]