December 1, 2020

Download Ebook Free Public Debt Dynamics Of Europe And The U.S.

Public Debt Dynamics of Europe and the U.S.

Public Debt Dynamics of Europe and the U.S.
Author : Dimitris N. Chorafas
Publisher : Elsevier
Release Date : 2013-10-19
Category : Business & Economics
Total pages :388
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Public Debt Dynamics of Europe and the U.S., provides the evidence and implications of current policies by sovereigns and central banks, in dealing with the debt abyss. It brings in perspective the diversity of opinion reigning in modern economics and finance and outlines the themes which, among themselves, are defining the society in which we live. Our epoch has accepted the theory that leveraging is good for a person, a company or even a nation. This has led to the debt syndrome and its disastrous aftereffects. Throughout the book evidence emerges that piling up public debt can lead to an unmitigated disaster. This is demonstrated through case studies on Greece, Spain, Italy, France and the United States – in short, those western countries that nowadays have lost control of their senses and of their economy. This book uses real life examples, using case studies as evidence of good and bad approaches to social, economic and financial life. Live events also help as undisputable demonstrators of successes and failures in the search for solutions in getting out of the hole western governments find themselves. As Denis Healey, a former British chancellor of the Exchequer, once said: “The first law of holes is that if you are in one stop digging. Provides insight and implications on the current policies of sovereigns and central banks Uses real life practical examples and case studies on Greece, Spain, Italy, France and the United States Examines developing countries, particularly BRICS, and their exposure to debt Focuses on public health and the effects it has on the economy

Banks, Bankers, and Bankruptcies Under Crisis

Banks, Bankers, and Bankruptcies Under Crisis
Author : D. Chorafas
Publisher : Springer
Release Date : 2014-07-17
Category : Business & Economics
Total pages :285
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Banks, Bankers, and Bankruptcies Under Crisis uses case studies of failed banks, banks that would have failed without taxpayer intervention, and in some cases banks obliged to merge under government pressure, to better understand global banking today.

Public Debt, Global Governance and Economic Dynamism

Public Debt, Global Governance and Economic Dynamism
Author : Luigi Paganetto
Publisher : Springer Science & Business Media
Release Date : 2014-07-08
Category : Business & Economics
Total pages :423
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This volume presents a selection of contributions to the XXIV Villa Mondragone International Economic Seminar on “Public debt, global governance and economic dynamism”. For the past 23 years, the Seminar has provided an ideal opportunity to meet and discuss the most topical issues in economic research. The quality of the scientific contributions and ensuing debates has consistently been outstanding owing to the participation of leading experts, and the most recent Seminar was no exception. The Seminar was held against the backdrop of high levels of public debt, especially in Europe, combined with very low growth in productivity. Furthermore, markets have been dominated by financial instability, raising the question of whether this is the result of the high debt levels or insufficient economic dynamism. Among the topics covered in this book are the economic challenges and growth policies in the United States; issues relating to the G20, global governance and regional integration; EU governance, growth and the Eurozone crisis; and EMU policy and public debt. Individual contributions also address the impact of labor market reforms, the need for sectoral rebalancing in the Euro area, fiscal multipliers and public debt dynamics, and the effects of fiscal shocks in Italy. The book concludes with a contribution on policy recommendations.

Global Debt Dynamics

Global Debt Dynamics
Author : Andreas Antoniades,Ugo Panizza
Publisher : Routledge
Release Date : 2020-05-21
Category : Political Science
Total pages :160
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This comprehensive volume explores debt dynamics and the intensification of debt crises across the globe, bringing together several recent but underexplored debt crises from different regional and socioeconomic contexts. Using detailed case studies, the authors recast the perils of debt-based growth in the context of regional/global imbalances; not to advocate ‘one-size-fits-all’ reforms, but to point to the need for accommodating diversity. They examine how current economic developments put developing and developed countries under new strain. They also interrogate the opportunities and challenges generated for developing countries by the new development finance landscape and newly (re)emerged geopolitical tensions. The book also explores the inability of existing dominant structures and thinking to effectively manage the multiple facets of the ongoing global debt crisis, pointing to responses that exacerbate rather than address unsustainable debt dynamics. The authors illustrate the adverse effects of ad hoc crisis management mechanisms which are not fit for purpose, and indicate the negative consequences that existing policies may have for democracy. They then put forward a framework for alternative thinking as well as concrete ideas on what needs to be done, in response. This book will be of great interest to students, scholars and professionals in the field of global debt studies. It was originally published as a special issue of the online journal Third World Thematics.

Fiscal and Monetary Policy in the Eurozone

Fiscal and Monetary Policy in the Eurozone
Author : Rosaria Rita Canale,Rajmund Mirdala
Publisher : Emerald Group Publishing
Release Date : 2019-05-13
Category : Business & Economics
Total pages :216
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Fiscal and Monetary Policy in the Eurozone offers systematic analyses of the economic policy framework of the Eurozone and critiques current ideas about how to move forward, making it essential reading for postgraduate students of economics and of keen interest to researchers, policymakers, journalists, and financial strategists.

Why Budgets Matter

Why Budgets Matter
Author : Dennis S. Ippolito
Publisher : Penn State Press
Release Date : 2015-11-27
Category : Political Science
Total pages :368
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When the first edition of Why Budgets Matter was published in 2003, the federal budget had fallen back into deficit. At the time, fairly modest changes in taxes and spending would have ensured that deficits and debt would remain at tolerable levels. Instead, the disconnect between taxes and spending that had plagued the United States since the 1960s grew even greater. A near-catastrophic economic collapse beginning in December 2007 then magnified the fiscal consequences of irresponsible policy choices. This new edition examines how and why the balanced-budget equilibrium of the 1990s was destabilized in the 2000s. It also places this latest partisan battle over the size of government in historical perspective by exploring its connection to earlier budget policy eras.

50 Years of EU Economic Dynamics

50 Years of EU Economic Dynamics
Author : Richard Tilly,Paul J.J. Welfens,Michael Heise
Publisher : Springer Science & Business Media
Release Date : 2007-11-09
Category : Business & Economics
Total pages :356
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Experts present their analyses of historical developments as well as new economic challenges for the European Union. Contributors, representatives from major banks and academia, point out the dramatic economic shifts among and within Europe, Asia, and the United States. At the bottom line of this EU analysis are major implications for investors, managers, policymakers, and the public at large in both the EU and the rest of the world.

Global Monetary Tightening: Emerging Markets Debt Dynamics and Fiscal Crises

Global Monetary Tightening: Emerging Markets Debt Dynamics and Fiscal Crises
Author : Mr. Julio Escolano,Ms. Christina Kolerus,Mr. Constant Lonkeng Ngouana
Publisher : International Monetary Fund
Release Date : 2014-12-12
Category : Business & Economics
Total pages :28
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This paper finds that tightening global financial conditions can worsen emerging economies’ public debt dynamics through an increasing interest rate-growth differential, particularly if coupled with high global risk aversion. Latin America and emerging Europe are the regions most likely to be adversely affected. In addition, historical evidence—analyzed by means of a Poisson count model—suggests that the frequency of sovereign debt crises increases in emerging economies at the early stage of U.S. monetary tightening cycles, at times in which the term spread also rises. The timing may be related to abrupt switches of expectations about the future course of policy in the early stages of tightening cycles.

Multimod Mark III: The Core Dynamic and Steady State Model

Multimod Mark III: The Core Dynamic and Steady State Model
Author : Vários Autores,Douglas Laxton,Hamid Faruqee,Peter Isard,Eswar Prasad,Bart Turtelboom
Publisher : International Monetary Fund
Release Date : 1998-05-21
Category : Business & Economics
Total pages :73
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This study describes the Mark III version of MULTIMOD, the IMF's multi region macroeconomic model. Mark III version of MULTIMOD differs from its predecessor in several important respects. New features include a core steady-state analogue model, a new model of teh inflation-unemployment nexus, and extended non-Ricardian specification of consumption-saving behavior, and improved specifications and estimates of investment behavior and international trade equations. In addition, the introduction of a new solution algorithm has greatly increased the robustness, speed of convergence, and accuracy of the simulations.

Sustainability of Public Debt

Sustainability of Public Debt
Author : Reinhard Neck,Jan-Egbert Sturm,Clemens Fuest
Publisher : MIT Press
Release Date : 2008
Category : Business & Economics
Total pages :271
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This collection is an analysis of the theoretical foundations of public debt sustainability concepts and their application to the empirical study of actual budgetary policies. The contributors to this volume consider whether the development of public debt in the United States and six EU countries is sustainable.

World Economic Situation and Prospects 2020

World Economic Situation and Prospects 2020
Author : United Nations
Publisher : United Nations
Release Date : 2020-01-16
Category : Business & Economics
Total pages :236
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This is the United Nations definitive report on the state of the world economy, providing global and regional economic outlook for 2020 and 2021. Produced by the Department of Economic and Social Affairs, the five United Nations regional commissions, the United Nations Conference on Trade and Development, with contributions from the UN World Tourism Organization and other intergovernmental agencies.

The Sovereign Debt Crisis

The Sovereign Debt Crisis
Author : Anton Brender,Florence Pisani,Emile Gagna
Publisher : Ctr for European Policy Studies
Release Date : 2013-10-01
Category : Business & Economics
Total pages :128
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"This book provides an update to the major 2012 study by the same authors on the dual role of the public sector as the provider of the ultimate riskless asset and, at the same time, the source of a potential major systemic risk. In this second edition, Brender and his colleagues concentrate again on the tension between the need for the public sector to sustain demand in the face of a deleveraging private sector and the longer-term challenges of sustainability for fiscal policy in the major developed economies of the US, Japan and the euro area. In short, their principal thesis is that sovereign debt is in crisis. This crisis is apparent in the euro area, but it is also real, if at present only latent, in the US and Japan. The book shows how this process has evolved in these three big developed economies--and how their policy choices impact on global financial markets."--

Global Waves of Debt

Global Waves of Debt
Author : Anonim
Publisher : Unknown
Release Date : 2020
Category :
Total pages :129
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The System Worked

The System Worked
Author : Daniel W. Drezner
Publisher : Oxford University Press
Release Date : 2014-05-02
Category : Political Science
Total pages :280
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International institutions, from the International Monetary Fund to the International Olympic Committee, are perceived as bastions of sclerotic mediocrity at best and outright corruption at worst, and this perception is generally not far off the mark. In the wake of the 2008 financial crash, Daniel W. Drezner, like so many others, looked at the smoking ruins of the global economy and wondered why global economic governance structure had failed so spectacularly, and what could be done to reform them in the future. But then a funny thing happened. As he surveyed their actions in the wake of the crash, he realized that the evidence pointed to the exact opposite conclusion: global economic governance had succeeded. In The System Worked, Drezner, a renowned political scientist and international relations expert, contends that despite the massive scale and reverberations of this latest crisis (larger, arguably, than those that precipitated the Great Depression), the global economy has bounced back remarkably well. Examining the major resuscitation efforts by the G-20 IMF, WTO, and other institutions, he shows that, thanks to the efforts of central bankers and other policymakers, the international response was sufficiently coordinated to prevent the crisis from becoming a full-fledged depression. Yet the narrative about the failure of multilateral economic institutions persists, both because the Great Recession affected powerful nations whose governments managed their own economies poorly, and because the most influential policy analysts who write the books and articles on the crisis hail from those nations. Nevertheless, Drezner argues, while it's true that the global economy is still fragile, these institutions survived the "stress test" of the financial crisis, and may have even become more resilient and valuable in the process. Bucking the conventional wisdom about the new "G-Zero World," Drezner rehabilitates the image of the much-maligned international institutions and demolishes some of the most dangerous myths about the financial crisis. The System Worked is a vital contribution to our understanding of an area where the stakes could not be higher.

Quantitative Economic Policy

Quantitative Economic Policy
Author : Reinhard Neck,Christian Richter,Peter Mooslechner
Publisher : Springer Science & Business Media
Release Date : 2008-03-04
Category : Political Science
Total pages :376
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Econometric techniques and models are still being extensively used in the business of forecasting and policy advice. This book presents recent advances in the theory and applications of quantitative economic policy, with particular emphasis on fiscal and monetary policies in a European and global context. The volume honors Andrew Hughes Hallett, a pioneer and major scientist in quantitative economic policy analysis, whose contributors are among his friends and former students.