Author:
Publisher:
ISBN:
Category : Debts, Public
Languages : en
Pages : 814

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Author:
Publisher:
ISBN:
Category : World War, 1914-1918
Languages : en
Pages : 92

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Author: Harvey Edward Fisk
Publisher:
ISBN:
Category : Debts, Public
Languages : en
Pages : 394

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Author: Ms.Carmen Reinhart
Publisher: International Monetary Fund
ISBN: 1498338380
Category : Business & Economics
Languages : en
Pages : 47

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Book Description
High public debt often produces the drama of default and restructuring. But debt is also reduced through financial repression, a tax on bondholders and savers via negative or belowmarket real interest rates. After WWII, capital controls and regulatory restrictions created a captive audience for government debt, limiting tax-base erosion. Financial repression is most successful in liquidating debt when accompanied by inflation. For the advanced economies, real interest rates were negative 1⁄2 of the time during 1945–1980. Average annual interest expense savings for a 12—country sample range from about 1 to 5 percent of GDP for the full 1945–1980 period. We suggest that, once again, financial repression may be part of the toolkit deployed to cope with the most recent surge in public debt in advanced economies.

Author: Mrs. Justina Leavitt Wilson
Publisher:
ISBN:
Category : Social sciences
Languages : en
Pages : 46

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Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 400

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Author: V.N. Khanna
Publisher: Vikas Publishing House
ISBN: 9325968363
Category : Political Science
Languages : en
Pages : 498

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The fifth edition of International Relations covers the subject from the historical perspective—from the eve of the First World War to the end of the Cold War and beyond. This book is divided into two sections—the first deals with the theoretical perspectives, while the second provides an historical overview of events. These include the two World Wars, problems faced in peace-making, system of alliances, search for security, Nazism and Fascism, rise of communism, the arms race and disarmament, the Cold War and its end, Non-Aligned Movement, and the emergence of regional organizations. The book is a useful resource for teachers and students of history and political science, those appearing for civil services examinations, as well as those interested in international relations. KEY FEATURES • Thoroughly revised and updated to cover the latest developments • Enlarged to cover theoretical aspects— realism, neo-realism, liberalism and neo-liberalism, dependency, and feminist approaches • Covers recent historical developments such as the Gulf War and the new international economic order

Author:
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ISBN:
Category : Industries
Languages : en
Pages : 1128

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Author:
Publisher:
ISBN:
Category : Trust companies
Languages : en
Pages : 800

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Includes proceedings and reports of conferences of various financial organizations.

Author:
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 1378

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