Debt and devaluation by Roger Segura Arias https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0 Share your findings en-us 2022-04-25 21:47:13 UTC 2026-01-03 14:46:36 UTC hello@padlet.com https://padlet.net/icons/png/1f44d.png BrandonFR https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159250517 -National debt: the accumulated level of debt owed by the government of a country.
-External debt: debt owed by the government, businesses and people of a country to overseas lenders such as banks, the IMF, foreign companies.]]> 2022-04-26 20:50:34 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159250517 Jessica Cordero https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159253680 National debt is the total amount of money that a country's government has borrowed.

External debt is the portion of a country's debt that is borrowed from foreign lenders.

They are different because national is only about our country and the external debt covers another country or foreigner’s people. 



]]> 2022-04-26 20:53:30 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159253680 BrandonFR https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159253954 -Mortages
-Internal loans]]> 2022-04-26 20:53:48 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159253954 BrandonFR https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159255678 Currency devaluation is the official lowering of the value of a country's currency under a fixed exchange rate regime. ]]> 2022-04-26 20:55:37 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159255678 BrandonFR https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159256905 The main reason why countries devalue their currency is due to trade imbalances.]]> 2022-04-26 20:56:48 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159256905 BrandonFR https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159258562 The main effects are: Exports are cheaper to foreign customers. Imports more expensive.]]> 2022-04-26 20:58:32 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159258562 Jessica Cordero https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159259078 Currency devaluation  is the deliberate downward adjustment of a country's currency value. ]]> 2022-04-26 20:59:04 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159259078 Yurlin https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159260858 External Debt: It refers to money borrowed from a source outside the country.
National Debt: It is the amount of debt a country owes to lenders within the country.]]> 2022-04-26 21:00:53 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159260858 Jessica Cordero https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159262231 The main reason why countries devalue their currency is when there are trade imbalances.]]> 2022-04-26 21:02:18 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159262231 Jessica Cordero https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159263393 The main effects are: Exports are cheaper to foreign customers. Imports more expensive. In the short-term, a devaluation tends to cause inflation.]]> 2022-04-26 21:03:31 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159263393 Jessica Cordero https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159266543 Mortgages are the most common and largest debt many consumers carry.]]> 2022-04-26 21:06:39 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159266543 Yurlin https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159270532 Public debt: treasury bills, notes, and bonds.

]]> 2022-04-26 21:10:47 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159270532 Yurlin https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159272404  It is the official lowering of the value of a country’s currency under a fixed exchange rate regime. ]]> 2022-04-26 21:12:36 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159272404 Yurlin https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159277001 Trade imbalances. Using devaluation, goverments can reduce the cost of a country's exports, which makes them more competitive on a global scale.]]> 2022-04-26 21:17:21 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159277001 Yurlin https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159278214 Cause inflation, higher growth and increased demand for exports.]]> 2022-04-26 21:18:28 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159278214 Raquel Chavarría https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159284046 Internal debt: governments borrow from their citizens, banks, central banks, financial institutions, business houses, etc., within the country.
External debt: governments borrow from foreign governments, foreign banks or institutions, international organizations like the International Monetary Fund, World Bank, etc.]]> 2022-04-26 21:25:10 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159284046 Meilyn Azofeifa https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159284373 National debt is when a government borrows from its citizens, central banks... and external debt is when a government borrows from foreign banks, international organizations... ]]> 2022-04-26 21:25:32 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159284373 Meilyn Azofeifa https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159286724  The reduction in thw official value of a currency in relation to other currencies. ]]> 2022-04-26 21:27:53 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159286724 Raquel Chavarría https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159287437 Mortgages and secured debt.]]> 2022-04-26 21:28:44 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159287437 Meilyn Azofeifa https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159288620 When countries devalue their currency, they can reduce the cost of a country's exports. ]]> 2022-04-26 21:30:15 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159288620 Meilyn Azofeifa https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159289713 Exports are cheaper for foreign customers.
Imports are more expensive. ]]> 2022-04-26 21:31:38 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159289713 Raquel Chavarría https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159290590 Currency devaluation is a downward adjustment to a country's value of money relative to a foreign currency or standard.]]> 2022-04-26 21:32:49 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159290590 Raquel Chavarría https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159293109 It happens when a government changes the fixed exchange rate of its currency.]]> 2022-04-26 21:35:53 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159293109 Raquel Chavarría https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159295748
  • Exports are cheaper to foreign customers
  • Imports are more expensive.
  • In the short-term, a devaluation tends to cause inflation, higher growth, and increased demand for exports.
    • ]]>     2022-04-26 21:38:57 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159295748     Fabián https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159301384 National debt is the debt level of a country's government, while external debt is the debt of a country's government, companies, and individuals to foreign lenders such as banks, the IMF, foreign companies, and other creditors.]]> 2022-04-26 21:46:09 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159301384 Milena https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159305342 National debt is the accumulated level of debt owed by the government of a country. External debt is debt owed by the government, businesses and people of a country to overseas lenders such as banks. They are related because both are about debt.

    ]]>     2022-04-26 21:50:52 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159305342     Milena https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159309514 . Mortgages are the most common and largest debt many consumers carry. Mortgages are loans made to purchase homes, with the subject real estate serving as collateral.]]> 2022-04-26 21:56:11 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159309514 Milena https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159312834 Currency depreciation can occur for a variety of reasons. Broadly these include changes in inflation rates, political instability and other economic factors. More specifically, some of the leading causes of currency depreciation are: Lower export revenues.]]> 2022-04-26 22:00:39 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159312834 Milena https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159314459 The deliberate downward adjustment of a country's currency value. The government issuing the currency decides to devalue a currency. Devaluing a currency reduces the cost of a country's exports and can help shrink trade deficits.


    ]]>     2022-04-26 22:03:00 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159314459     Milena https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159315355 The main effects are: Exports are cheaper to foreign customers. Imports more expensive]]> 2022-04-26 22:04:13 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159315355 Fabián https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159436024 Devaluation is the deliberate adjustment of the value of a country's currency.]]> 2022-04-27 00:27:59 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159436024 Fabián https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159452169 The main reason why countries devalue their currency is due to trade imbalances, which means a country is spending more money on imports than it makes on exports. ]]> 2022-04-27 00:41:05 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159452169 Fabián. https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159456508 -Exports are cheaper to foreign customers. --Imports more expensive.]]> 2022-04-27 00:44:27 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159456508 Fabián https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159739406 -National debt.]]> 2022-04-27 04:44:36 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159739406 Estrella https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159810927 National Debt: Debt with their own country.
    External Debt: Debt with overseas lenders.
    Difference:     the former is debt held by foreign banks, while the latter designates debt held by domestic banks.
    ]]>     2022-04-27 05:52:39 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159810927     Estrella https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159812886 The internal debt is better because when government takes foreign loans, a heavy sum is remitted out of country for the payment of interest annually. Also, external debt poses threats to the economic and political independence of the country. There is no such threat in internal debt. 

    ]]>     2022-04-27 05:54:49 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159812886     Estrella https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159814573 Currency devaluation is practiced to adjust the established exchange rates by the government. It is mostly performed in the cases of fixed currencies.

    ]]>     2022-04-27 05:56:32 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159814573     Estrella https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159815569 When a country’s government and central bank leaders make an intentional decision to decrease its currency’s exchange rate — its value.

    ]]>     2022-04-27 05:57:35 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159815569     Estrella https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159817377
  • Increase in the prices 
  • Higher exports  
  • Increase uncertainty within the market. 
  • Devaluation may also spark trade wars.

    • ]]>     2022-04-27 05:59:34 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2159817377     Kimberly García https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2160811985 National debt:  Amount of money the country  or government owes.
    External debt: When the country is borrowed from other country.

    Internal debt is when it happens in a country. On the other hand, external debt involves other coutries.]]>     2022-04-27 17:29:18 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2160811985     They usually prefer the internal debt. https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2160819920 2022-04-27 17:34:15 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2160819920 Stefanny Retana https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2161067536 National debt: The total amount of money that a country's government has borrowed.

    External debt: External debt is the portion of a country's debt that is borrowed from foreign lenders, including commercial banks, governments, or international financial institutions.

    Difference: The internal debt is due to the loans and public commitments acquired at the national level and the external debt is due to the loans and commitments acquired at the international level.]]>     2022-04-27 20:31:12 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2161067536     Stefanny Retana https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2161071298 I think it's the public national debts.]]> 2022-04-27 20:35:01 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2161071298 Stefanny Retana https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2161074332 It's when the currency of a country begins to lose value against international indicators]]> 2022-04-27 20:38:20 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2161074332 Stefanny Retana https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2161077699 There is a loss of their purchasing power with respect to those of the foreigner]]> 2022-04-27 20:42:04 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2161077699 Stefanny Retana https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2161082862 - Increase in imports.
    - Increase in the real exchange rate
    - Lack of confidence in the local economy]]>     2022-04-27 20:47:11 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2161082862     Marco Esquivel https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2161370312 Internal Debt: The amount of money that the government borrows from national banks.
    External Debt: The money that the government borrows from other countries.
    ]]>     2022-04-28 01:54:47 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2161370312     Marco Esquivel https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2161373447 2022-04-28 01:57:19 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2161373447 Marco Esquivel https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2161375237 Devaluation is the deliberate downward adjustment of a country's currency value.]]> 2022-04-28 01:58:47 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2161375237 Marco Esquivel https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2161379903 The main reason why countries devalue their currency is due to trade imbalances. Using devaluation, they can reduce the cost of a country’s exports, which ultimately makes them more competitive on a global scale]]> 2022-04-28 02:02:44 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2161379903 Marco Esquivel https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2161383447 -Imports more expensive 
    -Exports cheaper
    -Inflation ]]>     2022-04-28 02:05:46 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2161383447     Alec Barrantes https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2161591433 Mortages]]> 2022-04-28 05:29:50 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2161591433 Alec Barrantes https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2161597628 Public debt. All insolvent public sector obligations incurred directly or through its financial agents. It is a tool of the government to defer its expenses in time and thus be able to fulfill the set of functions that are entrusted to it.
    External debt is debt owed by the governmentsuch as banks, the IMF and foreign companies, etc.]]>     2022-04-28 05:36:54 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2161597628     Alec Barrantes https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2161599816 Devaluation is the loss of value of the national currency in relation to foreign currencies, which causes exports to fall in price and imports to become more expensive.]]> 2022-04-28 05:39:17 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2161599816 Alec Barrantes https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2161605126 Devaluations usually occur when there is a deficit in the trade balance in international markets. This happens mainly when more is imported than what is exported. Distrust in the local economy or in the stability of the country itself.]]> 2022-04-28 05:44:44 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2161605126 Alec Barrantes https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2161607662 - Loss of purchasing power: Both savers and investors see the value of their money diminished. 
    - Decrease in the real value of debt: This is positive for those who borrowed and negative for those who lent. 
    - The country could be more competitive in exports: As the value of the currency decreases, products are cheaper abroad. This could encourage foreign countries to buy local products. 
    - It encourages the arrival of tourists: that is, being cheaper, it is an attraction more for a holiday.
    - It encourages the consumption of products produced in the country: When the currency is devalued, imports are more expensive and the population usually prefers to buy domestic product.

    ]]>     2022-04-28 05:46:57 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2161607662     Diego Solís https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2162593075 - National Debt: All the money that the government of the country has borrowed and still owes.
    - External Debt: The amount of those current debts, that require payment that are owed to foreign institutions by the local governments.]]>     2022-04-28 13:14:45 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2162593075     Diego Solís https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2162601482 Mortgages, Secured Debt, Unsecured Debt, etc...]]> 2022-04-28 13:18:50 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2162601482 Diego Solís https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2162621016 Currency Devaluation is the downward adjustment to a country’s currency value relative to a foreign currency or standard.]]> 2022-04-28 13:27:01 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2162621016 Diego Solís https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2162644322 Countries devalue their currency value due to trade imbalances. By applying devaluation, they reduce the cost of the exports and make the market a little more competitive.]]> 2022-04-28 13:39:01 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2162644322 Diego Solís https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2162655325 Currency devaluation can present significant drawbacks, for example: more expensive imports, cheaper exports, higher inflation and less competitive local industries.]]> 2022-04-28 13:44:45 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2162655325 Ileana Cisneros https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2163196207 National debt
    It is understood to be the set of debts that a State maintains against individuals or other countries. It constitutes a way of obtaining financial resources by the State or any public power normally materialized through the issuance of securities or bonds.

    External debt
    External debt is the sum of the debts that a country has with foreign entities. It is made up of public debt and private debt.]]>     2022-04-28 19:00:20 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2163196207     Ileana Cisneros https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2163213904 Public debt that is part of the national debt.]]> 2022-04-28 19:12:30 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2163213904 Ileana Cisneros https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2163230476 •Exports are cheaper to foreign customers. •Imports are more expensive. ]]> 2022-04-28 19:25:22 UTC https://padlet.com/rogerseguraarias/eeqc6va6fm5whcm0/wish/2163230476