Journals / Reforma / 2015 / Sayı: 66

DEBT FINANCING OF ECONOMY: FACTOR OF CRISIS OR FACTOR OF GROWTH?

Journal
Reforma
Pages
69–75
DOI
—

Abstract

Presented the short review of the collective monograph "Debt Problem as Phenomenon of the XXI Century" under the editorship of A.A. Porokhovsky (M.: MAKS Press, 2014. – 288 p.). From various theoretical positions the group of authors considered an actual problem of modern world economy that allowed them to prove the wide range of the conclusions carrying "a debt problem" as to the factors provoking financial and economic crises and to the factors promoting economic growth.

Özet

Presented the short review of the collective monograph "Debt Problem as Phenomenon of the XXI Century" under the editorship of A.A. Porokhovsky (M.: MAKS Press, 2014. – 288 p.). From various theoretical positions the group of authors considered an actual problem of modern world economy that allowed them to prove the wide range of the conclusions carrying "a debt problem" as to the factors provoking financial and economic crises and to the factors promoting economic growth.

Keywords: public debt, private debt, world economy, national economy, reproduction, crisis, growth