I am pleased to present this new book in which an analysis of the public debt and the private debt of the world is made and a new payment method is proposed: the demonetization of part of the debt and its materialization with the payment through high-value tradable goods such as gold, oil, food and natural resources, so that if a nation or institution does not have enough cash, it can pay with this type of goods. This opens a new perspective to international economic relations. The book also succinctly analyzes Venezuela's external debt and proposes a solution.
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Index
Synthesis
Introduction
Should
debts be forgiven?
The
English Classical School and the debt
Is it
possible to pay all the debts of the world?
External
debt of the United States, China and Japan
Global
Debt
External
debt of the Group of 7
External
debt of low and middle-income countries
Debt
in Europe
The
IMF Recipe
Unpayable
debt
London
Club and the Paris Club
The
forgiveness of the debts of the poorest countries
Modalities
of debt relief programs
How
private debt becomes public debt
Why
and for what the International Monetary Fund and the World Bank were created
The
origin of debts of developing countries
Large
private debts
The
debt of Venezuela
Conclusion
References
Index of tables
Global
Debt (Public and Private) Countries Selection
The 3
countries with the highest external debt for the year 2018
External
debt of the Group of 7 for the year 2018
The 10
low and middle-income countries with the highest external debt
Total
External Debt
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