Logo of the Union of International Associations (UIA)

ENCYCLOPEDIA

OF WORLD PROBLEMS

AND HUMAN POTENTIAL

  2. World problems
  3. Uncontrolled growth of debt

Uncontrolled growth of debt

  • Excessive development of credit

Claim

Live within your income, even if you have to borrow to do so.

Narrower

National public debt
Excellent
External debt crisis
Excellent
Personal debt
Presentable
Over-dependency on international financial institutions
Presentable
Failure to to observe contractual terms of payments
Presentable
Unpaid debts
Unpresentable
Understated debts
Unpresentable
Misuse of credit facilities
Unpresentable
Payment priority conflicts
Yet to rate

Aggravates

Inadequacies of the international monetary system
Excellent
Insolvent institutions
Unpresentable
Fluctuations in real value of money
Unpresentable

Aggravated by

Marginal level of family income
Excellent
Usury
Presentable
Moneyism
Presentable
Inadequate credit guidelines
Presentable
Consumerism
Presentable
Preoccupation with increasing size
Yet to rate
Forced development
Yet to rate

Reduced by

Reliance on cash exchange
Unpresentable

Related

Bad loans
Presentable

Strategy

Encouraging growth of debt
Yet to rate
Controlling growth of debt
Yet to rate

Value

Debt
Yet to rate
Excess
Yet to rate
Uncontrollability
Yet to rate

SDG

Sustainable Development Goal #8: Decent Work and Economic GrowthSustainable Development Goal #17: Partnerships to achieve the Goal

Metadata

Database
World problems
Type
(C) Cross-sectoral problems
Biological classification
N/A
Subject
  • Commerce » Credit
  • Cybernetics » Control
  • Development » Development
    • Content quality
    Unpresentable
     Unpresentable
    Language
    English
    1A4N
    C8316
    DOCID
    11383160
    D7NID
    141721
    Last update
    May 20, 2022