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Balance of Payments Problems of Countries Reconstructing with the Help of Foreign Loans

J. J. Polak

The Quarterly Journal of Economics · 1943 · Volume 57 · Issue 2

DOI: 10.2307/1882752

Abstract

Introduction, 208.— The problem, 209.— Assumptions and method, 210.— Investment: the expansion ratio, 213.— Operation: three types, 216.— Implications, 218.— Service costs, 219.— Changes in the flow of capital, 220.— Lagged payments for imports, 225.— Qualitative conclusions, 226.— Quantitative conclusions, 229.— Appendix, 232.

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