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dc.contributor.authorPolouček, Stanislav
dc.identifier.citationEkonomický časopis. 1990, roč. 38, č. 12, s. 1075-1090.en
dc.relation.ispartofseriesEkonomický časopisen
dc.titleJak došlo k dlužnické krizi rozvojových zemí?en
dc.title.alternativeHow did the debt crisis of developing countries come about?en
dc.identifier.locationVe fondu ÚKen
dc.description.abstract-enIn the last years problems of indebtedness belong to the most frequent ones in the economic theory. Therefore the author tries to indicate the main factors which led to debt crisis and to carry out classification of them in the article. The main reasons of debt crisis do not lie outside the economies of indebted countries, but in their incorrect macroeconomic policy. And this is true despite the fact that fast growth of indebtedness of many countries in the 80s was more than considerably (i. e. more considerably than in other periods after the war) influenced by liberalizing tendencies. Appraisal of a contribution and a weight of various factors (inflationary processes, trend of interest rates, deficits of state budget and balance of payments, trend of exchange rate of the dollar, efficiency of use of credits etc.), understan­dably, is not possible without analysis of concrete conditions in particular countries. Some consequences and manifestations of debt crisis, such as decrease in currency reserves of developing countries, restructuring of debts and the like, are also studied.en

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