Aspects Regarding the Identification of Factors that Influence the Properties of the Transmission Channels of Asymmetric Macroeconomic Shocks from the Perspective of External Equilibrium

The external equilibrium, which is the equality between inflows and outflows of goods, services, income and current transfers over a determined period of time (usually 1 year), and signifies the compensation of the current account deficit with the surplus of the capital and financial account, represents an important element in determining the external competitiveness of a country or a region of the world. The external competitiveness and implicitly the evolution of the balance of payments become more problematic in the context of the manifestation of asymmetric macroeconomic shocks. Thus, using intuitive methods based on theoretical and practical tools, the article 1 aims at identifying the main influence factors of some properties of the transmission channels of asymmetric macroeconomic shocks and the effects of asymmetric macroeconomic shocks on the external equilibrium, as well as at understanding their functioning in the market economies.