The external debt and its misunderstandings

被引：0

作者：

Aguado, Saturnino ^{[1
]}

机构：

[1] Univ Alcala de Henares, ES-99775 Alcala De Henares, Spain

来源：

REVISTA DE ECONOMIA MUNDIAL | 2008年 / 18期

关键词：

external debt; absorption approach; net debt position; United States;

D O I：

暂无

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This article analyzes the issue of the external debt and its misunderstandings. In the first chapter, the external debt is analyzed within the context of the Absorption Approach to the Balance of Payments. The external debt is presented as a stock variable connected with the annual "flows" coming from the balance of payments. In the second part of the article, some misunderstandings in connection with the external debt are presented. Particular attention is paid to the differences between the external debt in gross terms and in net terms. The final chapter looks into the future of the world economy emphasizing the problems posed by the rising US external debt.

引用

页码：183 / +

页数：10

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