What Is the Link Between Current Account Imbalances and Country

question 25

Short Answer

What is the link between current account imbalances and country risk?

---

Definitions:

Socialized Power

Power used for the benefit of others or the organization, emphasizing collective goals over personal interests.

Socialized Power Orientation

A leadership approach focused on utilizing power for the benefit of others, rather than for personal gain.

Esteem and Status

Pertains to the perception of an individual's or group's value and position within a social hierarchy.

Referent Power

A form of influence based on the charismatic appeal or personal attraction one has over others.