POSSIBILITIES OF ENSURING THE BALANCE OF PAYMENTS BALANCE

Abstract

Annotation: This article analyzes the economic possibilities of ensuring the balance of payments balance. The balance of payments is an important indicator reflecting the economic condition of the country, and maintaining its balance is important in ensuring economic stability and security. The article considers how to maintain the balance of payments balance through factors such as economic policy, exchange rate management, trade policy, attracting investments, and public debt. It also analyzes the approaches and theories put forward by foreign scholars. The ideas and proposals put forward by economists such as Robert Mundell, Jeffrey Sachs, Paul Krugman, William Easterly can help countries maintain the balance of payments balance. The article emphasizes the relevance of maintaining the balance of payments balance from the point of view of economic development and international relations.