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Smart Reasoning:

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Qaagi - Book of Why

Causes

Effects

the factorscontributeto the growth rate of external debt

from growing government and private external debt growth(passive) was resultedThe increase in the external debt growth

slower public sector external debt growth and ongoing contraction in private sector external debt(passive) was influenced byExternal debt growth

big current account deficitsresultingin the growth of external debt

http://datatopics.worldbank.org/debt/ids/region/LMY Investment demands of EMEs , opening up to capital inflows and financial market integrationwere already contributingto the growth of external debt

mainly(passive) was ... influencedThe external debt growth

a decline in both government as well as private sector debt ... with business from the mining , manufacturing and financial services sectors booking sluggish external debt growth(passive) was ... caused bythe decline in external debt growth

for the Fed to artificially lower interestto createdebt - driven economic growth

from growing government and private external debt growthresultedfrom growing government and private external debt growth

negative effects on long - term economic stabilitymay causenegative effects on long - term economic stability

the U.S. to make net interest payments to the rest of the world in 2005 ... and hence some deterioration in the broader current account even if the trade deficit stays constantwill leadthe U.S. to make net interest payments to the rest of the world in 2005 ... and hence some deterioration in the broader current account even if the trade deficit stays constant

the risks of default and repayment of natural resourcescreatesthe risks of default and repayment of natural resources

into 16 % inflationhas resultedinto 16 % inflation

alarm bellshas ... setalarm bells

employment and self suffiencycreatingemployment and self suffiency

to debt undertaking to finance war and expenses on currentledto debt undertaking to finance war and expenses on current

the fragility(passive) caused bythe fragility

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