Debt Problems

 

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Contracts in Trade and Transition by Masahiko Aoki,

Contracts in Trade and Transition by Masahiko Aoki,
Difficulties in contract enforcement impede international transactions in the world economy and domestic transactions in transition economies. In "Contracts in Trade and Transition, Dalia Marin and Monika Schnitzer explain how barter as an economic institution can facilitate contract enforcement across national borders in international trade and within borders in transition countries. The authors show that international countertrade--tying an export to an import--emerged in the 1980s in response to the international debt crisis when Western creditors refused to finance imports to developing countries and Eastern Europe. Barter--the exchange of goods without the use of money--reemerged in transition economies in the 1990s in response to a domestic debt crisis when banks in transition countries were reluctant to provide finance to firms. Countertrade and barter introduce a deal-specific form of collateral that addresses the lack of creditworthiness of countries and firms.Drawing on contract theory, the authors argue that parties might want to pay in goods rather than cash or link an export with an import as in countertrade to solve incentive problems that otherwise would prevent any trade from taking place. The incentive problems they discuss are the technology transfer problem to developing countries and the "lack of trust" problem in the former Soviet Union.



Life After Debt: How to Repair Your Credit and Get Out of Debt Once and for All by Bob Hammond,
Life After Debt: How to Repair Your Credit and Get Out of Debt Once and for All by Bob Hammond,
Hammond attacks the root causes of indebtedness and tells how to solve credit problems once and for all. Included are special sections for women, minorities, divorced people, and military families.



How to Solve It - George PĂłlya's 1945 book How to Solve It (ISBN 0691080976) is a small volume describing methods of problem-solving. It suggests the following steps when solving a mathematical problem:

Missionaries and cannibals problem - The missionaries and cannibals problem is a logic puzzle commonly used as an example of using abstract concepts to solve a problem. It was made famous within the field of artificial intelligence by Saul Amarel, who used the problem as an example in a paper on problem representation.

Euler's three-body problem - In physics and astronomy, Euler's three-body problem, named after Leonhard Euler (pronounced oiler), is to solve the motion of a test mass that is free to move in the presence of the gravitational field of a primary and seconary mass which are fixed in space. This problem is the simplest three-body problem which retains physical significance.

Transformation problem - In Karl Marx's Economics the transformation problem is the problem of finding a general rule to transform the "values" of commodities (based on labour according to his labour theory of value) into the "competitive prices" of the marketplace. This problem was first introduced by Marx himself in Chapter 9 of Capital's Volume III, where he also tried to solve it.



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Credit Repair Debt Consolidation - Credit Repair Debt Consolidation Credit Hell Each year, millions of Americans sink further into debt credit repair debt consolidation and the sad truth is that most Americans have been conditioned to believe that debt is a normal part of life. If credit problems are adversely affecting your life, there are ways to improve your financial situation, credit repair debt consolidation and Credit Hell: How to Dig Out of Debt can show you how. Written by Howard S. Dvorkin—a nationally known ...

Credit Repair Debt Consolidation - Credit Repair Debt Consolidation Credit Hell Each year, millions of Americans sink further into debt credit repair debt consolidation and the sad truth is that most Americans have been conditioned to believe that debt is a normal part of life. If credit problems are adversely affecting your life, there are ways to improve your financial situation, credit repair debt consolidation and Credit Hell: How to Dig Out of Debt can show you how. Written by Howard S. Dvorkin—a nationally known ...

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