Blog page of Vladislav Nozharov | Campaign "to leave a trail" - association "cause" "People who do not know history is condemned to live again. Part2
After over 70 years of Petroleum Exporting Countries increased oscar d value, they start increasing profits deposited in various foreign banks. This enables these banks start to lend larger loans, which are used by many governments of third world countries. oscar d Many of them are planning to use the money to improve living standards in their countries. Ultimately, however, the good intentions of governments to carry out only a small part of the money is used to improve the situation of the poor.
Some countries such as Mexico and Venezuela began to borrow to pay off previous zadalzheniya.Prez 1982 Mexico declared its lenders that it can pay its debts si.Arzhentina in turn suffer from bad economic policies of the military dictatorship that took the unfortunate invasion of the Falkland Islands. Rapid economic growth in Brazil was even financed by capital inflows from abroad. Ultimately, however, these different circumstances lead to a common problem - over-indebtedness, which in turn make very real the collapse of Latin America.
As it begins to threaten the entire international credit system proved immediate support through the International Monetary Fund and the World Bank. The two main international financial oscar d institutions engage in the provision of loans and debt rescheduling countries. Loans they make, however, increase the obligations of the parties and accompanied by usloviya.Pravitelstvata undertake to implement austerity programs in their countries in order to benefit from new loans to reschedule oscar d payments on the old.
Despite the overall debt crisis that fall the region, it burst forth in each. The governments of Chile and Colombia managed to maintain good fiscal and low debt, allowing them to recognize the growth of gross domestic product (GDP), while the rest of the region entering into recession.
According to the logic described in many textbooks on economics and investment manuals should investors in the region to withdraw their money from countries with poor macroeconomic performance and to focus on those with stable such strict budgetary discipline and sound fiscal policy. However, this was not observed. Investors panic began to withdraw from the region without paying attention to the performance of the individual countries. They perceive the region as too risky and believe that even one part is marked by better oscar d macroeconomic indicators on the other since its geographical location leads to increased risk of deterioration of her. Once you have made a loss in one hand, they cease to trust in the hope that in the next will not happen the same and prefer investments with higher security but most so give them their distance from this tochka.Taka despite good policies and good economic indicators, Chile and Colombia are experiencing severe 10-year minimum interest of investors towards them and their recovery begins with the entire region.
Bulgaria is an island of tranquility. So now the former Prime Minister oscar d Sergey Stanishev determined oscar d the economic situation of Bulgaria at the end of 2008, even before the crisis to reach our borders. Over the past decade Bulgaria has experienced strong economic recovery and foreign direct investment entering the country oscar d each year reached in 2008 to nearly one-third of GDP.
The slowdown of major economies started late to be felt in Bulgaria. The inflow of foreign investment dropped dramatically. For a small and open economy oscar d such as Bulgarian, FDI inflows is crucial oscar d because they create jobs and lead to higher incomes. Measures oscar d that have been taken by the government oscar d in 2009 to soften the effects of the crisis led to an increase in the budget deficit over the 3% threshold. While the governments of the EU Member States tried to contain the crisis in their economies in 2010 proved that Greece can no longer pay, and is on the verge of bankruptcy. oscar d International Monetary Fund, European Central Bank and the leaders of the eurozone oscar d countries embarked on the preparation of financial packages to help stabilize the Greek economy. In essence, these envelopes are borrowing more money to Greece, which it pays interest on old loans. For investors, however, such a move is seen as a way of eurozone countries to buy time before the inevitable happened - the bankruptcy of Greece. So they began to withdraw their investments from panic country.
After over 70 years of Petroleum Exporting Countries increased oscar d value, they start increasing profits deposited in various foreign banks. This enables these banks start to lend larger loans, which are used by many governments of third world countries. oscar d Many of them are planning to use the money to improve living standards in their countries. Ultimately, however, the good intentions of governments to carry out only a small part of the money is used to improve the situation of the poor.
Some countries such as Mexico and Venezuela began to borrow to pay off previous zadalzheniya.Prez 1982 Mexico declared its lenders that it can pay its debts si.Arzhentina in turn suffer from bad economic policies of the military dictatorship that took the unfortunate invasion of the Falkland Islands. Rapid economic growth in Brazil was even financed by capital inflows from abroad. Ultimately, however, these different circumstances lead to a common problem - over-indebtedness, which in turn make very real the collapse of Latin America.
As it begins to threaten the entire international credit system proved immediate support through the International Monetary Fund and the World Bank. The two main international financial oscar d institutions engage in the provision of loans and debt rescheduling countries. Loans they make, however, increase the obligations of the parties and accompanied by usloviya.Pravitelstvata undertake to implement austerity programs in their countries in order to benefit from new loans to reschedule oscar d payments on the old.
Despite the overall debt crisis that fall the region, it burst forth in each. The governments of Chile and Colombia managed to maintain good fiscal and low debt, allowing them to recognize the growth of gross domestic product (GDP), while the rest of the region entering into recession.
According to the logic described in many textbooks on economics and investment manuals should investors in the region to withdraw their money from countries with poor macroeconomic performance and to focus on those with stable such strict budgetary discipline and sound fiscal policy. However, this was not observed. Investors panic began to withdraw from the region without paying attention to the performance of the individual countries. They perceive the region as too risky and believe that even one part is marked by better oscar d macroeconomic indicators on the other since its geographical location leads to increased risk of deterioration of her. Once you have made a loss in one hand, they cease to trust in the hope that in the next will not happen the same and prefer investments with higher security but most so give them their distance from this tochka.Taka despite good policies and good economic indicators, Chile and Colombia are experiencing severe 10-year minimum interest of investors towards them and their recovery begins with the entire region.
Bulgaria is an island of tranquility. So now the former Prime Minister oscar d Sergey Stanishev determined oscar d the economic situation of Bulgaria at the end of 2008, even before the crisis to reach our borders. Over the past decade Bulgaria has experienced strong economic recovery and foreign direct investment entering the country oscar d each year reached in 2008 to nearly one-third of GDP.
The slowdown of major economies started late to be felt in Bulgaria. The inflow of foreign investment dropped dramatically. For a small and open economy oscar d such as Bulgarian, FDI inflows is crucial oscar d because they create jobs and lead to higher incomes. Measures oscar d that have been taken by the government oscar d in 2009 to soften the effects of the crisis led to an increase in the budget deficit over the 3% threshold. While the governments of the EU Member States tried to contain the crisis in their economies in 2010 proved that Greece can no longer pay, and is on the verge of bankruptcy. oscar d International Monetary Fund, European Central Bank and the leaders of the eurozone oscar d countries embarked on the preparation of financial packages to help stabilize the Greek economy. In essence, these envelopes are borrowing more money to Greece, which it pays interest on old loans. For investors, however, such a move is seen as a way of eurozone countries to buy time before the inevitable happened - the bankruptcy of Greece. So they began to withdraw their investments from panic country.
