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Balance Quote by Gunnar Myrdal

“The short-term international capital market is shrunken and erratic, and cannot be relied upon to cushion the effects of tendencies to disequilibrium in the balance of payments.” quote by Gunnar Myrdal
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“The short-term international capital market is shrunken and erratic, and cannot be relied upon to cushion the effects of tendencies to disequilibrium in the balance of payments.”

Gunnar Myrdal

About This Quote

The short‑term international capital market is volatile and unreliable, making it unsuitable for stabilizing balance‑of‑payments imbalances.

In simple terms: Short‑term capital markets are unstable and can't smooth payment imbalances.

Key Takeaway

Seek more stable financial mechanisms.

Themes

economics finance policy stability global trade

Mood

analytical concerned

Type

policy economic

When to use this quote

  • investment strategies
  • government interventions
  • currency management

Key Concepts

market volatility balance of payments economic policy

Questions to Reflect On

  • How can economies reduce reliance on volatile capital flows?
  • What alternatives exist for payment balance stability?
A Different Perspective

Market instability can exacerbate crises.

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