Przegląd teorii związanych z zewnętrznym finansowaniem procesów gospodarczych

• Autorzy: Henryk Czubek

Warianty tytułu

Review of Theories Concerning External

• Języki publikacji: PL

Abstrakty

Autor dokonał skrótowego przeglądu teorii zadłużenia zagranicznego, a następnie sformułował zasadnicze kierunki działań, których podjęcie ułatwiłoby stosunki wierzyciele-dłużnicy. Są to: inwestycje bezpośrednie, kontynuowanie strategii przeczekania, kreowanie nowych finansowych instrumentów, wykorzystanie globalnych debt-equity swaps, oraz odgórnych ograniczeń stopy procentowej, wprowadzenie instumentów regulacji poziomu stopy inflacji i stopy procentowej w państwach wierzycielskich, strategia przestawiania gospodarek krajów dłużniczych na produkcję eksportową.

EN

The paper includes a systematized presentation of theories describing the use of foreign loans in the economic expansion of underdeveloped countries. These theories were divided into four groups: theories describing rational course of action adopted by debtors and creditors, theories describing errors in the macroeconomic policies of the debtor countries, theories presenting structural models describing the world economy. In the first group a line was drawn between capital flow viewed dynamically and statically. In the second group the author discussed problems pertaining to an artificial enforcement of the policy of granting loans by creditors willing to ensure their position in the market. In the third group the policy adopted by the developing countries aimed at the implementation of long-term structural changes was contrasted with the policy of dealing with currently emerging problems. As regards the fourth group attention was focused on the models of the world economy adopting the North and the South division. The paper concluded with the presentation of some practical solutions following from theories and models of international indebtedness. (original abstract)

Słowa kluczowe

PL

Zadłużenie zagraniczne; Kraje rozwijające się; Teoria międzynarodowych przepływów kapitału; Portfel papierów wartościowych; Kredyt zagraniczny; Banki międzynarodowe; Polityka gospodarcza krajów dłużniczych; Modele makroekonomiczne; Debt-equity swaps; Inflacja

EN

Foreign debt; Developing countries; Theory of international capital flows; Portfolio securities; Foreign credits; International banks; Economic policy in debtor nations; Macroeconomic models; Debt-equity swaps; Inflation

• Czasopismo: Zeszyty Naukowe / Akademia Ekonomiczna w Krakowie
• Rocznik: 1994
• Numer: nr 443
• Strony: 5--21

Twórcy

autor

Henryk Czubek

Bibliografia

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