UDC 336.1:351.72(477)
Lutsyshyn, Z., & Yuzhanina, N. (2017). Ekonomichni efekty zovnishn'oyi zaborhovanosti dlya natsional'nykh ekonomik [The economic effects external debt has on individual economies]. In Sotsial'no-ekonomichni problemy suchasnoho periodu Ukrayiny [Socio-Economic Problems of the Modern Period of Ukraine]: Vol. 128 (6) (pp. 163-168). Retrieved from http://ird.gov.ua/sep/doi/sep2017.06.168. [in Ukrainian].
Sources: 12

Authors



Lutsyshyn Zoryana Orestivna

Doctor of Economics

Professor of the Department of world economy and international economic relations of the Institute of International Relations of the Taras Shevchenko National University of Kyiv

Webpages:

Yuzhanina Nina Petrivna

Chairman of the Verkhovna Rada of Ukraine Committee on Taxation and Customs Policy

Webpages:

Resume

An increase in mutual dependence of individual economies and the intensification of globalization catalyzes the development and transformation of the world economy in XXI century. Close integration of developed countries with international economic processes has both positive and negative effects. The economic problems of an individual economy possessing substantial economic potential constitute a dire threat to social and economic development and economic growth. Perceptible fluctuations of the external debt levels of developed countries cause short-term slowdown of economic growth and impairs macroeconomic situation. In the meantime, developing countries face substantial financial burden under the same conditions.

Keywords:

external debt, global economic transformations, world economy, world economy, financial security, economic effects, social and economic development, economic growth

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