ECONOMICS                         

EMAIL  aniruddha@post.com

The common scenario in most American countries, Africa, non opec Asian countries is facing what are called it debt-trap. The debt-trap is endemic since the inception of the neo- colonial rule, due to the following reasons:

 1) Low social structure.

2) Unbalanced political structure.

3) The countries primary depends on export of their raw material, food grain on an unbalanced terms of due to artificially high exchange rate.

4) Intersectoral link was absent.

5) Absence or partial Social Security.

6) High rate of inflation.

7) Marginal efficiency of capital is low.

8) Absence or insufficient laws to protect worker right.

9) Infrastructural development is less than    requirement.

10)  The Economic negative multiplier comes into  operation due to FDI on key sector. 

MAILING ADDRESS.

MR ANIRUDDHA GUHA,

2 A, MANDIVILLE GARDENS , FLAT NO 10C

KOLKATA 700019,

INDIA