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Abstract

The current transfers deficit almost doubled between 1993 and 2000, growing from £5.2 billion in 1993 to £10.0 billion in 2000. After decreasing to £6.8 billion in 2001, the deficit increased again in each of the four subsequent years, to £12.2 billion at the end of 2005 — the highest cash figure on record.

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Authors

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John Bundey

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© 2006 Crown copyright

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Bundey, J. (2006). Current transfers. In: Bundey, J. (eds) United Kingdom Balance of Payments. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-99584-4_6

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  • DOI: https://doi.org/10.1007/978-1-349-99584-4_6

  • Publisher Name: Palgrave Macmillan, London

  • Print ISBN: 978-1-4039-9387-8

  • Online ISBN: 978-1-349-99584-4

  • eBook Packages: Palgrave History CollectionHistory (R0)

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