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Titlebook: Theoretical and Policy-Oriented Aspects of the External Debt Economics; Chris Czerkawski Book 1991 Springer-Verlag Berlin Heidelberg 1991

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書目名稱Theoretical and Policy-Oriented Aspects of the External Debt Economics
編輯Chris Czerkawski
視頻videohttp://file.papertrans.cn/923/922998/922998.mp4
叢書名稱Studies in Contemporary Economics
圖書封面Titlebook: Theoretical and Policy-Oriented Aspects of the External Debt Economics;  Chris Czerkawski Book 1991 Springer-Verlag Berlin Heidelberg 1991
描述The past approach to the international debt crisis has been traditionally based on conventional banking principle in which debt had to be paid back in fuH and in time. International lending was a function of the perceived credit standing of debtor country and the return on investment (ROI). If debtor country run into difficulties and had problems with service payments - it was generally assumed that the debt-related expenditures were mismanaged. With economic stability and firm financial rules - the debt crisis was supposed to disappear after application of appropriate adjustment measures. However in the world of inconsistent lending criteria greater uncertainty and increased volatility of expectations - the problem has continued to get worse. At the beginning of the 1990s a number of countries are more indebted than at any other time in the past. Until mid 1980s extern al debt economics has been rather a disembodied concept for most economists and business leaders. The main reason for this neglect of one of the most important macroeconomic categories was difficulty of distinguishing terminologically and methodologically the domestic determinants of national expenditures from the e
出版日期Book 1991
關(guān)鍵詞Entwicklungs?konomie; International Debt; International Economics; Schuldenkrise; development; developmen
版次1
doihttps://doi.org/10.1007/978-3-642-84549-9
isbn_softcover978-3-540-54282-7
isbn_ebook978-3-642-84549-9Series ISSN 1431-8806
issn_series 1431-8806
copyrightSpringer-Verlag Berlin Heidelberg 1991
The information of publication is updating

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