Detail Is There Adequate Growth of International Liquidity ?   Oleh:  Horne, J. Paul Jenis: Article from Bulletin/Magazine Dalam koleksi: BUSINESS ECONOMICS vol. 31 no. 3 (1996), page 11-20. Topik: GROWTH; adequate growth; international liquidity Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: BB20.3 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel Today's international liquidity appears to be adequate to finance both trade and investment without major distortions. There will, of course, be continuing adjustment of risk premia for national (as wella s private) borrowers, set by the markets. We doubt there is need for major structural increases of liquidity of the sort that led to the SDR. More problematical, however, will be those OECD deficits, debts and eventually pension problems. These could lead to rising risk premia, i. e. higher borrowing costs, for those OECD countries unable to limit or reduce such fiscal imbalances. But rising risk premia will increase the pressure on them to implement the structural reforms necessary to reduce deficits and hence their borrowing costs. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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