J s sujan (1 Ergebnisse)
Verlag: Prashant Publishing House, 2022
- Hardcover
Anbieter: Vedams eBooks (P) Ltd, New Delhi, IndienVedams eBooks (P) Ltd
Verkäufer/-in kontaktierenVerkäufer/-in mit 4 SternenZustand: Neu
EUR 37,65
EUR 17,50 VersandVersand von Indien nach USAAnzahl: 5 verfügbar
Hardcover. Zustand: New. Sri Lanka's is the more egregious story, with the tax-to-GDP ratio having dropped by a third in three years as rates got slashed. Inevitably, the country's credit ratings suffered, budget deficits soared to an astonishing 14 per cent of GDP, and the roll-over of foreign loans (used unwisely to fill the f…iscal gaps) went from difficult to impossible leading to the foreign exchange crisis and collapse of the currency. China uses the debt trap policy against the developing nations to establish its economic and political power over them. This theory can be proved right with the live example of Sri Lanka, where the nation had signed away its most strategically positioned port in the Indian Ocean to China as part of a 99-year lease. The "Chinese debt trap" has led to an overestimation of China's role in Sri Lanka's debt accumulation. In reality however, when a wider definition called Public and Publicly Guaranteed (PPG) debt is considered, China's commercial lending to the government and the State-owned Enterprises (SOEs) showed that the debt share stood at much higher numbers than mentioned in those sources. Such problems are a cause of concern for any country themselves, but it is to be noted that the neighbouring countries are also affected because of these problems. The book has been developed and delivered by world leading experts and engages institutional leaders who will share their experiences and expertise with the participants.
