balance-of-payments problem

noun phrase

Meaning

A persistent economic situation where a nation's total payments to foreign countries exceed its total receipts from them, leading to a depletion of foreign exchange reserves.

Examples

The government implemented austerity measures to address the severe balance-of-payments problem that had paralyzed the economy.
Economists warned that without structural reforms, the nation would remain trapped in a chronic balance-of-payments problem.

Synonyms: trade deficit, external imbalance, currency crisis, fiscal instability

Examples

The government implemented austerity measures to address the severe balance-of-payments problem that had paralyzed the economy.

Economists warned that without structural reforms, the nation would remain trapped in a chronic balance-of-payments problem.

Foreign investors withdrew their capital, fearing the country could not resolve its ongoing balance-of-payments problem.

balance-of-payments problem

Meaning

Examples

balance-of-payments problem

Definition

Examples

Synonyms of balance-of-payments problem