Glossary entry (derived from question below)
Spanish term or phrase:
cuenta coriente
English translation:
current account
Spanish term
cuenta coriente
Luego de la crisis de la Convertibilidad de 2001-2002, la conjunción de una serie de características de la macroeconomía potenció la recuperación económica: un tipo de cambio real comparativamente alto y estable, términos de intercambio históricamente elevados que permitieron mantener el superávit comercial a pesar de la baja producida en los saldos físicos, un resultado positivo de la cuenta corriente, la importante recuperación de las tasas de ahorro e inversión,...
Thanks!
3 +4 | current account |
Andrew Bramhall
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Current account |
Robert Carter
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Non-PRO (2): Neil Ashby, patinba
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Proposed translations
current account
Reference comments
Current account
The current account can be expressed as the difference between the value of exports of goods and services and the value of imports of goods and services.... The current account can also be expressed as the difference between national (both public and private) savings and investment.
http://www.imf.org/external/pubs/ft/fandd/basics/current.htm
From Investopedia:
The difference between a nation’s savings and its investment. The current account is an important indicator about an economy's health. It is defined as the sum of the balance of trade (goods and services exports less imports), net income from abroad and net current transfers.... The current account and the capital account are the two main components of a nation’s balance of payments.
http://www.investopedia.com/terms/c/currentaccount.asp
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