A Study on Analysis of Bop Trends with Reference to India
Journal: International Journal of Science and Research (IJSR) (Vol.6, No. 6)Publication Date: 2017-06-05
Authors : Ch. Hymavathi; K. Kalpana;
Page : 630-634
Keywords : Balance of Payments; contemporary issues; economy; current account; capital account;
Abstract
Globalization is severely impact the countrys foreign exchange reserves. Leadership changes and Macro Economic factors are going to affect the countries trade balances. The balance of payments (BOP) is the method countries use to monitor all international monetary transactions at a specific period of time. Usually, the BOP is calculated every quarter and every calendar year. This paper examines the trend pattern of balance of payment during the period2011-12 to 2015-16 and the factors which have effected during that period and the impact on balance of payment. And latest developments in current as well capital account, which factors in economy as well as contemporary issues leads to developments since2011-2012. There are some reasons which causes Disequilibrium in balance of payments like population growth, Demonstration effect, cyclic fluctuations etc. It also tells about in Bop statement how changes happen in current account and capital account from 2011 t0 2016. The trend graph is explaining the Indias current situation and how the future growth will be.
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