Problem

Understated debts

Incidence:

The Soviet Union and many key borrowers in the developing countries owe more to major industrialized countries than was previously known, because they have received large-scale government-backed credits besides the normal bank loans.

Broader Problems:
Uncontrolled growth of debt
Related Problems:
Payment priority conflicts
Aggravates:
Inappropriate loans
Strategies:
Understating debts
Subject(s):
Commerce Credit
Related UN Sustainable Development Goals:
GOAL 8: Decent Work and Economic GrowthGOAL 17: Partnerships to achieve the Goal
Problem Type:
E: Emanations of other problems
Date of last update
04.10.2020 – 22:48 CEST