The broad measure of a country's trade in goods and services, plus the income it earns and pays on foreign investments.
经常账户
| Move变动 | Where it appeared出现位置 | What it means这句话在说什么 |
|---|---|---|
| — | The trillion-dollar surplus is a mirror, not a medal 经常账户 · 第 5 张术语卡 | It is where the savings-investment gap shows up: the surplus is the lending that gap implies. 经常账户＝储蓄−投资。这个恒等式比任何政策文件都硬：一个国家若储蓄多于投资，多出来的部分必然借给外国，表现为经常账户顺差。所以「减少顺差」的办法不是限制出口，而是提高投资或降低储蓄——后者要靠社保与收入分配。这也是为什么顺差问题从来不只是贸易问题。 |