1. World problems
  2. Deterioration in external financial position of countries

Deterioration in external financial position of countries

  • Deterioration in external payments position of countries

Nature

Much of the deterioration in the payments position has been due to the exceptionally severe and long recession and the rise of interest rates to unprecedented levels. Such deterioration not only reduces the availability of external savings and drains off domestically generated savings, in a number of countries it also adversely affects domestic savings performance.

Broader

Narrower

External debt
Excellent

Aggravates

Aggravated by

Value

Position
Yet to rate
Overpayment
Yet to rate
Deterioration
Yet to rate

SDG

Sustainable Development Goal #17: Partnerships to achieve the Goal

Metadata

Database
World problems
Type
(D) Detailed problems
Subject
Content quality
Presentable
 Presentable
Language
English
Last update
Oct 30, 2024