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Qaagi - Book of Why

Causes

Effects

Past oil dazesprovokeddebt - management crisis in many developing states

global financehas been causingdebt crises in developing countries for the last thirty years ... declared Jones

global financehas been causingdebt crises in developing countries for the last thirty years

four events combinedcan leadto a serious crisis in developing countries

if necessary measures are not takenwill leadto some major crisis in the developing countries

this problemleadingto a relief of the debt burden of the developing countries

unsustainable international debtsresultedin international debt crises

Another situation of excess world savingsleadto a rise in developing countries debt

promoting their model of livingcausingcultural crisis in developing countries

Russia ... the international organization of creditor nationssetspolicy on the debt of developing nations

A variety of regional reasonshas ledto the development of the debt crisis in different countries

global financehas been causingdebt crises in developing countries

the EU and IMF saycontributedto the country?s debt crisis

negative external factors such as the world recession and the high interest ratescontributedto the development of the debt crisis

free trade policieshave contributedto the rising debt of developing countries

increased borrowingwill resultin debt crisis in the future

banking policiesledto debt crises in the developing world

likelyto resultin a return of the debt crisis for more developing countries

dam projectshave causeddebt crises in several countries

international flows of capitalhave ... ledto damaging financial crises in developing countries

flows of capitalhave ... ledto damaging financial crises in developing countries

The global economic slowdown ... likelyto resultin a return of the debt crisis for more developing countries

global economic slowdown ... likelyto resultin a return of the debt crisis for more developing countries

The costs of large dams and similar failed mega projectshave causedan explosive growth of debt in developing countries

natural disastersdo ... leadto debt crises in poor countries

Francecontributes greatlyto the debt relief of poor or developing countries

The oil shocksleadto an international debt crisis

financial crisisresultsin international debt crisis

The oil shocks of the 1970s , which forced many oil - importing countries to borrow from commercial banks , and the interest rate increases in industrial countries trying to control inflationledto an international debt crisis

more likelyto causefurther debt in developing countries

this financingis contributingto the debt of developing countries

the capitalismdoes ... influencethe debt of developing countries

ECA arrearshave contributedto the debt of developing countries

exuberant lendingledto further financial crises in developing countries

The conditionshave ledto financial crises in developing countries

many of thesecontributedto crises in developing countries

Food shortageleadcrises in developing countries

the program ... such a high costresultsinto a debt crisis for some of the developing countries

the policiescausedthe debt crisis that are plaguing the developing world

taxeshad ... ledto the country 's debt crisis

to contagion effect on equity marketsleadsto contagion effect on equity markets

in the 80's causedin the 80

from nothing more than an increase in the stock of external debthas resultedfrom nothing more than an increase in the stock of external debt

the adverse effects(passive) caused bythe adverse effects

severe cuts in states budgets around the worldis promptingsevere cuts in states budgets around the world

severe cuts in states budgets around the world andis promptingsevere cuts in states budgets around the world and

in widespread povertyresultedin widespread poverty

imbalances globallycan causeimbalances globally

a protracted period of macroeconomic instability and a drop in external financing that precipitated a drastic decline in investmentseta protracted period of macroeconomic instability and a drop in external financing that precipitated a drastic decline in investment

in the developed worldoriginatedin the developed world

to an acceleration in the pace of change in financial marketshave therefore contributedto an acceleration in the pace of change in financial markets

strains(passive) caused bystrains

the damage(passive) caused bythe damage

with developed economiesoriginatedwith developed economies

the damage(passive) caused bythe damage

inflationresultsinflation

the damage(passive) caused bythe damage

in the US and Europeoriginatedin the US and Europe

them to seek quick ways to raise revenue to make debt paymentscausedthem to seek quick ways to raise revenue to make debt payments

in higher real estate taxeshas resultedin higher real estate taxes

poor countries into greater deprivation and a dependency from which there is no foreseeable escapeleadspoor countries into greater deprivation and a dependency from which there is no foreseeable escape

tremors ... though not full - scale financial earthquakes , around the worldcausedtremors ... though not full - scale financial earthquakes , around the world

tremors ... though not full - scale financial earthquakes , around the worldcausedtremors ... though not full - scale financial earthquakes , around the world

in the USoriginatedin the US

it 's sovereign credit ratingledit 's sovereign credit rating

instability in Latin Americacan causeinstability in Latin America

to a collapsecould leadto a collapse

from this systemhas resultedfrom this system

turmoil in bond marketshas causedturmoil in bond markets

pessimistic scenarios regarding economic growthprovokedpessimistic scenarios regarding economic growth

the major political crisis(passive) caused bythe major political crisis

a major political crisis(passive) caused bya major political crisis

the major political turmoil(passive) caused bythe major political turmoil

the major political turmoil(passive) caused bythe major political turmoil

Portuguese workershas promptedPortuguese workers

investorshas ledinvestors

a sell offcauseda sell off

alsoleadsalso

tradersledtraders

to currency devaluationleadingto currency devaluation

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