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Smart Reasoning:

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Qaagi - Book of Why

Causes

Effects

deprived them of their rights In response to a mounting burden of debtleadingto a balance of payment crisis

The exchange rate policy was implementedto preventbalance of payment crisis and US

orderto preventthe balance of payment crisis

the global financial crisis and(passive) triggered bya balance of payment crisis

the authors ... the excessive spending of the 1980sledto a balance of payment crisis

trade deficitscausea balance of payment crisis

india imagination ... the First Gulf Warcausedthe balance of payment crisis

A sudden stop in capital inflows in the face of high deficitshave ledto balance of payment crisis

High foreign - currency debt by the domestic central bankcan resultin Balance of Payment Crisis

high fiscal & current - account deficits & dwindling forex reserves(passive) triggered bya balance - of - payment crisis

to support the struggling country with an ‘ Extended Credit Facility ’ in April 2015to preventa balance of payment crisis

high fiscal and current - account deficits and shrinking foreign exchange reserves(passive) triggered bya balance - of - payment crisis

high fiscal and current - account deficits and dwindling foreign exchange reserves(passive) triggered bya balance - of - payment crisis

large capital outflows , wide current account deficits and a lack of investor confidencecan triggera balance of payment crisis

reversals on the capital account , a large stock of short - term debt ( by remaining maturity(passive) are ... caused bybalance of payment crises

On the external front , it faces a large trade loss as for every dollar that comes to the country , two leave itcreatinga balance of payment crisis

a major trade deficit with Chinacould ... createa balance - of - payment crisis

Successive speculative attacks and massive outflows of capital(passive) caused byBalance of payments crisis

As a result , the foreign trade deficit blew out to $ US3.4 billion in the first five months of this yearcreatinga looming balance of payment crisis

Another explanation behind the European imbalances ... net capital inflows in the Eurozone peripherywould have triggeredbalance - of - payment crises

excessive easy monetary and fiscal policy under a pegged or quasi - pegged exchange rate regime(passive) caused bya balance - of - payment crisis

the cost of the war and a precipitous decline in exports due to the world economic crisis(passive) triggered bya balance of payment crisis

the world economic breakdown , which led to declining exports and foreign investment(passive) was triggered bya balance of payment crisis

a huge trade deficit and falling foreign inflows(passive) was caused bya balance of payment crisis

self - fulfilling speculative currency attacks(passive) triggered bybalance of payments crisis

the inability to fulfil obligations to the lendersleadsto balance of payment crisis

The loan from IMF of $ 6.6 billionpreventedbalance of payment crises

some analysts fearcould leadto a balance of payment crisis

a uniformly inflating ‘ Bancor ’ global currencywould have preventedbalance of payments crisis

higher import bill than the exportleadsto serious balance of payment crisis

the Treasury ... helpingto createa balance of payment crisis

financing CEB losses through cheap bank credit ( as interest rates were not adjustedledto a balance of payment crisis

The current government recently secured a US$ 1.5 billion IMF bailoutto preventa balance of payment crisis

the rupee valueartificially resultedin balance of payment crisis

partly due to large volumes of state credit taken to manipulate power prices in particular(passive) was triggeredbalance of payments crisis

In some cases the transfers complemented export revenues ,preventinga balance - of - payment crisis

to contain the private sector credit growth to an unprecedented low levelto preventa balance of payment crisis

a war chest of foreign currency reserveswould preventa 1991-like balance of payment crisis

China ’s loanscould provokea balance of payment crisis

Strong dollarwill triggerbalance - of - payments crisis

to recessions and banking crises and hurting global economic growthleadingto recessions and banking crises and hurting global economic growth

to precarious FX reserve levels , 3 ) High fiscal deficit , and 4 ) Unsustainable subsidies to the energy sectorleadingto precarious FX reserve levels , 3 ) High fiscal deficit , and 4 ) Unsustainable subsidies to the energy sector

it to default on its debtscould causeit to default on its debts

desperate straits to default on desperate straits 's debtscould causedesperate straits to default on desperate straits 's debts

from lack of a well balanced trade between America and its trading partners triggering various reactions ( 1has resultedfrom lack of a well balanced trade between America and its trading partners triggering various reactions ( 1

to all sorts of macroeconomic problemswill leadto all sorts of macroeconomic problems

the Sri Lankan governmenthas ledthe Sri Lankan government

bankruptcy(passive) caused bybankruptcy

to capital flight , inflation , and 15 percent unemployment in an active workforce of 7.4 million Filipinosledto capital flight , inflation , and 15 percent unemployment in an active workforce of 7.4 million Filipinos

in the first half of last yeartriggeredin the first half of last year

in shortcomings in international capital markets ( i.e. , shocks affecting the supply of loanable funds ) rather than in domestic policy failingscould originatein shortcomings in international capital markets ( i.e. , shocks affecting the supply of loanable funds ) rather than in domestic policy failings

trouble(passive) caused bytrouble

India to borrow huge amounts from external financial sources , causing the inflation to risecausedIndia to borrow huge amounts from external financial sources , causing the inflation to rise

to devaluation in 1967leadingto devaluation in 1967

in a deflationary package of measuresresultingin a deflationary package of measures

the most grievous post - independence nation - wide scarescausedthe most grievous post - independence nation - wide scares

to introduction of economic reformsledto introduction of economic reforms

The liberalization in India(passive) was triggered byThe liberalization in India

panic throughout the countrycausedpanic throughout the country

in further slumpsresultedin further slumps

its economy(passive) was triggered byits economy

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C&E

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