Horizontal List

Compra de participação maioritária no Greater Sunrise "é histórica" para Timor-Leste
FUTURO
Promulga OJE 2018, PR Lú Olo husu Governu rigor iha ezekusaun

Ai-han Timor Nian
CHINESE INFLUENCE ON RISE IN EAST TIMOR? ‘NONSENSE’
ECONOMIA
Apresentacao do Orcamento Geral do Estado 2018 - PM Taur Matan Rual
Timor Leste - Ekonomi
Bagaimana Ekonomi Timor Leste Setelah 16 Tahun Merdeka?
Timor Leste - Hutang
Akankah Timor Leste Menjadi Perangkap Utang China Berikutnya?
Timor Leste - Public Finances
Sustainable public finances ‘key to Timor-Leste’s future’
Timor-Leste - Banco Mundial
Governo timorense quer Banco Mundial focado em infraestruturas e capital humano

segunda-feira, 3 de novembro de 2008

Eastern Europe 2008 = Southeast Asia 1997

PAUL KRUGMAN

Eastern Europe 2008 = Southeast Asia 1997
From Bloomberg:
Foreign-denominated loans helped fuel eastern European economies including Poland, Romania and Ukraine, funding home purchases and entrepreneurship after the region emerged from communism. The elimination of such lending is magnifying the global credit crunch and threatening to stall the expansion of some of Europe’s fastest-growing economies.
The key to the Asian crisis — and of Argentina’s collapse in 2002 — was the way domestic players leveraged themselves up with foreign-currency loans. When the capital inflows dried up, and the Asian currencies plunged, these debts suddenly became a much bigger burden, decimating balance sheets and causing a downward spiral of deleveraging.
Fonte:http://krugman.blogs.nytimes.com/2008/10/31/eastern-europe-2008-southeast-asia-1997/

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