Day: May 10, 2017
Posted in Open Economy
Open Financial system Macroeconomics
Author: Jill T Frey Published Date: May 10, 2017 Leave a Comment on Open Financial system Macroeconomics
Prime Minister Ranil Wickremesinghe has thanked all SLFP led governments, which ruled the country after 1977, for continuing with the open financial system introduced by late President J.R. Jayewardene. A country can spend more money than it produces by borrowing from abroad, or it will possibly spend less than it … Read the rest