the law of the State expressly stated in the account agreement as the State whose law governs the account agreement or, if the account agreement expressly provides that another law is applicable to all such issues, that other law.

Sustainable and Excessive Current Account Deficits, by Helmut Reisen

We probably drifted somewhat on account of the current.

Despite import compression, trade and current account deficits remained largely unchanged.

(c) Such an agreement may be modified only by an agreement in a writing signed by the account debtor.

It takes into account current population characteristics and health care service capabilities.

(3) As regards doubtful account reserves, beginning balance prepared at current period, amount recovered and written off at the current period and ending balance of doubtful account reserves shall be disclosed.

Emergency relief operations resulted in current expenditures rising by 39 per cent, and the current account deficit reached US 7.9 million.

Thailand had long had exploding current account deficits and weak fundamental macroeconomic indicators.

Agreement on the current methodology had not been arrived at easily, and she urged the developed countries to retain the current formula.

The agreement should be finalized and implemented before the end of the current biennium.

Each of the spouses may, without the consent of the other and in his or her own name, open a current account, a deposit account, a savings account, a securities account, or an account of any other kind.

As the current Agreement is scheduled to expire on 31 December 2006, the negotiation process for a successor agreement is currently under way.

Differences among the eurozone countries in growth rates of productivity and wages will continue to cause disparities in international competitiveness, resulting in trade and current account imbalances. Germany now has a current account surplus of about 215 billion a year, while the rest of the eurozone is running a current account deficit of about 140 billion.

17. Contrary to the past, problems have emerged not because of current account imbalances but of sudden disruptive changes in the capital account.

189. Taking into account the magnitude of the current crises and conflicts, the Commission might

26. The current account of the balance of payments showed a substantial surplus in 1997.

Indeed, every year for more than three decades, the US Bureau of Economic Analysis (BEA) has reported a current account deficit. And yet now we must ask whether the US current account deficit is still a problem.

Italy, Spain, and France all have current account deficits equal to 2 or more of their GDP. As they come out of their cyclical recessions, incomes will rise, leading to increased imports and even larger current account deficits.

It is proposed to maintain the current number of support account posts provided to the Section.

It is proposed to maintain the current number of support account posts provided for the Section.

This landmark agreement should double European Union aid from current levels to over 80 billion by 2010.

In the short run, the US current account deficit will remain, regardless of which country runs bilateral surpluses. Thus, China s continued reinvestment of its current account surplus in US government securities is of utmost important for US growth and financial stability.

Perhaps the most notable consequence of Spain s recent reform efforts is its current account surplus the country s first in more than two decades. At the peak of the crisis, Spain s current account deficit amounted to an unprecedented 10 of GDP.

After all, America s still large current account deficit guarantees that the dollar will continue to fall. Even so, the macroeconomic logic that large current account deficits signal that currencies are overvalued continues to escape the world s international financial investors and speculators.

Without external constraints, public and private expenditure grew precipitously in many countries on the eurozone periphery, while wages rose faster than productivity. As these countries posted current account deficits, northern European countries accumulated current account surpluses, exposing a widening competitiveness gap.

You do not have any groups for this account do you want to fetch a current list?

Thus, as capital inflows gave rise to a current account deficit, they ironically became the country s weakness.

57. It is proposed to maintain the current number of support account posts provided for the Section.

In a global economy with deficient aggregate demand, current account surpluses are a problem. But China s current account surplus is actually less than the combined figure for Japan and Germany as a percentage of GDP, it is 5 , compared to Germany s 5.2 .

These results are encouraging when taking into account that the Cooperation Agreement was signed only in September 2004.

In addition, not every trust fund agreement specifies a requirement to accrue interest or specially account for it.

The increased economic activity, coupled with the growth in imports, has also led to growing current account deficits.

This accord, if approved by CEB HLCM, will replace the current inter agency agreement for loans, transfers and secondments.

The general provisions of the agreement have now been completed, and the agreement may be concluded within a time frame ending not later than the end of the current year.

Even more extraordinarily, when these new currencies emerged as the new claimants to reserve status, they had only recently become convertible for current account transactions, and capital flows were still restricted. Germany had moved to current account convertibility in 1958, but Japan only in 1964.

Such rights must be taken into account for the successful implementation of the return provisions of the Dayton Agreement.

Other criteria besides currency market intervention are used to ascertain whether a currency is deliberately undervalued or, in the words of the International Monetary Fund's Articles of Agreement, manipulated for unfair competitive advantage. One criterion is an inappropriately large trade or current account surplus.

The present review should take account of the bleak employment record that has been produced by current industrial patterns.

She may open a current account in her own name and may freely withdraw or dispose of its funds .

43. The large current account deficits recorded in the years directly preceding the crisis emanated from private sector activity.

46. In the case of Thailand, the crisis emanated partially from a deteriorating current account position, as in Mexico.

Welcoming the report of the Secretary General on recent developments and the current status of the Agreement,A 56 357.

The Secretariat aims to build on the current momentum to ensure that maximum benefit can be derived from the Agreement.

In response, current account balances the Achilles heel of the so called East Asian growth miracle went from deficit to surplus. For the ASEAN 5, current account deficits averaging 4 of GDP in 1996 97 swung dramatically into average surpluses of 6.8 of GDP in 1998 99.