internal balance

(redirected from Internal Balances)

Internal Balance

A situation in which the consumption in an economy roughly equals production. That is, external balance occurs when what is spent and what is produced in the economy are never too far from being even. Internal balance may be characterized by both full employment and low inflation, though not all economists believe this is possible. Maintaining internal balance is considered sustainable. See also: External balance.

internal balance

a situation where the economy is operating at FULL EMPLOYMENT and the general level of prices is constant (PRICE STABILITY). The achievement of full employment and price stability are two important macroeconomic objectives of the government. In practice, it is difficult to secure both objectives simultaneously (see PHILLIPS CURVE). Compare EXTERNAL BALANCE. See also DEMAND MANAGEMENT, INTERNAL-EXTERNAL BALANCE MODEL, MACROECONOMIC POLICY.
References in periodicals archive ?
According to Kenya Economic Update (KEU) published by the World Bank, external and internal balances are expected to improve significantly, thanks to falling oil prices.
There are different reasons for the Sunni-Alevi divide in Hatay over the last year: the repercussions of the Syrian civil war in the sectarian divide in Hatay; provocations by extensions of the Bth Party meant to exacerbate the divide and push the people into the streets; growing popular support for the Gezi Park protests among Alevis and the Sunnis' unease with this; disturbing discourse by politicians that increases polarization; the failure of the AK Party and Nationalist Movement Party (MHP) to bring Alevis into their party organizations and the change in the internal balances of the Republican People's Party (CHP) in favor of the Alevis in recent years.
Seeking to preserve its internal balances at this critical moment, Al-Adl wa al-Ihssane worked to reshape its structure following Yassine's death.
This is one of the hardest moments for our party in recent history, so I was guided by the principle of internal balances in the party for the composition of the Board," the leader is reported to have said.
However, due to the region's sensitive internal balances, there are still political and regulatory hurdles to be cleared before the number of operators in the region is reduced to a handful in the next three years.
It is true that internal balances of power in each country witnessing these uprisings, along with the huge mechanism of oppression and military capabilities, represent factors that enable some rulers and regimes to wager on the time element in order to guarantee domestic protection for them, which they can enhance with a foreign policy stance that allows them to play on international contradictions.
NNA - 2/6/2011 - Future's Deputy Khaled Daher cautioned on Thursday against attempts to tamper with internal balances and called to return to dialogue and mutual respect as well as to abide by the Constitution and Lebanon's higher interest solely.
Oman maintained healthy internal balances in spite of fluctuation around balanced budget in 2008 and 2009 as the government proactively supported the economy.
Adivent will collect, analyze and report on developments that may lead to sales opportunities, such as the adoption of new technologies, spending plans, internal balances of power, or failures on the part of the competition.
The shaping of lines and the internal balances of the famous Act III quintet, for example, are a marvel, but generally, the sum is truly greater than its parts.
It's important to recognise that others' relationships have certain unique ways of working - internal balances - which outsiders may not understand.
These adjustments mostly relate to capital assets, long-term debt, internal balances and activities and certain revenue items.

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