Djogo, Marko; Vladusic, Ljubisa - In: Journal of Contemporary Economic and Business Issues 5 (2018) 1, pp. 51-66
The idea of the relation between the economic development level and the balance of payments position is not a new one …. Yet, this idea was formalized for the first time in the early 1960s by Charles Kindl.berger in the form of the balance of … payments evolution scheme. Although this is a rather 'old' concept, all the aspects of this theory and all the possibilities …