问答题Independent foreign policy of peace
问答题Zeitgeist
问答题For world business, and even for small investors or depositors in hanks, all kinds of uncertainties seemed to feed on each other over the past year. What’ s happening with oil? What about debts, currencies or the stability of countries?(1)The year 1983 began—and—ended with an unusual oil crisis: fears that the price of crude would go not up but down. OPEC looked as if it might split apart, and as the crisis deepened, it showed how oil had seeped into every corner of the world economy. Currencies moved up and down with each day’ s oil news, and bankers became aware of how much their loans to oil countries depended on keeping up the price. When OPEC patched up its quarrels and agreed to limit production, nobody was quite sure what was keeping up the price. What was clear was that many countries and institutions, from Britain to Mexico, from Citibank to Exxon, had virtually become unofficial members of OPEC,trying hard to keep the price steady.(2)But as the oil drama played on, it began to be eclipsed by the wider problem of country debt. The near collapse of Mexico in mid l982 had been precipitated by the falling oil price, but the crisis of credit that followed affected all Latin American countries as high interest rates and the high dollar made their repayments still more expensive. The debt crisis spread beyond Latin America into Asia and Africa. The balance of fear between countries and banks, locked in a situation in which each side could ruin the other, was beginning to seem like the commercial equivalent of the nuclear balance of terror. It also gave a new dimension to the old North-South divide:would the South find that their debts would force the North to take real notice of their problems?
问答题LED
问答题醉翁之意不在酒
问答题minimum free
问答题ATM
问答题金砖国家
问答题AU
问答题跳台跳水
问答题国务院
问答题信号放大器
问答题专门 从事
问答题United Nations Development Programme
问答题WHO
问答题核心竞争力
问答题机构臃肿
问答题Costa Rica
问答题家电 下乡
问答题GDP