International debts of developing countries

The problem of international debts is, by its character, one of the most complex problems which the world economy is now facing. It complicates both the global balance of payments and the financial – credit system stability, with pronounced negative impacts on the currency stabilisation. It hinders...

Full description

Saved in:
Bibliographic Details
Published in:Agricultural economics (Praha) 2011-02, Vol.57 (2), p.57-63
Main Author: JENÍČEK, Vladimír
Format: Article
Language:English
Subjects:
Agricultural economics
debt indicators
debts
Developing countries
Global economy
LDCs
payment ability
Systems stability
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:The problem of international debts is, by its character, one of the most complex problems which the world economy is now facing. It complicates both the global balance of payments and the financial – credit system stability, with pronounced negative impacts on the currency stabilisation. It hinders the development of international economic co-operation and its higher forms – international economic integration. It is one of the reasons that the symmetrical forms of interdependence are pushed off and displaced by the asymmetrical ones. The global debts problem deteriorates, namely during the last time in interaction with the negative manifestations of the global problems (for example, at present very strongly with the environmental problems), the complex international co-operation climate.
ISSN:0139-570X
1805-9295
DOI:10.17221/120/2010-AGRICECON