Are Securities Secure: Study of the Influence of the International Debt Securities on the Economic Growth
نویسندگان
چکیده
The paper studies the interdependence of the amount of international debt securities, amounts outstanding by country (borrowers) and the GDP growth by country. The author have chosen 34 countries, that represent every region included in the BIS classification, that is developed countries, offshore centers, developing Europe, Latin America, Asia and the Pacific and Africa. It was found that the excessive amount of such type of securities in comparison with GDP leads to slowdown in the economic growth next year.
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تاریخ انتشار 2013