The Politics of International Debt

The Politics of International Debt PDF Author: Miles Kahler
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 280

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Book Description

The Politics of International Debt

The Politics of International Debt PDF Author: Miles Kahler
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 280

Get Book Here

Book Description


The Politics of Global Debt

The Politics of Global Debt PDF Author: Stephen P. Riley
Publisher: Springer
ISBN: 1349228206
Category : Political Science
Languages : en
Pages : 217

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Book Description
The Politics of Global Debt is a detailed political analysis of the origins and consequences of the `global debt crisis' which emerged in the early 1980s. It assesses both `imperialist' and `New Right' interpretations of the crisis, and also presents a series of case studies of the effects of external debt upon Africa, Latin America, Eastern Europe and Asia. The book focusses upon the `sovereign debt' of states, and its management, and examines the ways in which global economic structures, inefficient policies, weak institutions, and corrupt political leaders contribute to a global debt crisis which has both international and domestic roots.

A World of Public Debts

A World of Public Debts PDF Author: Nicolas Barreyre
Publisher: Springer Nature
ISBN: 3030487946
Category : Business & Economics
Languages : en
Pages : 593

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Book Description
This book analyzes public debt from a political, historical, and global perspective. It demonstrates that public debt has been a defining feature in the construction of modern states, a main driver in the history of capitalism, and a potent geopolitical force. From revolutionary crisis to empire and the rise and fall of a post-war world order, the problem of debt has never been the sole purview of closed economic circles. This book offers a key to understanding the centrality of public debt today by revealing that political problems of public debt have and will continue to need a political response. Today’s tendency to consider public debt as a source of fragility or economic inefficiency misses the fact that, since the eighteenth century, public debts and capital markets have on many occasions been used by states to enforce their sovereignty and build their institutions, especially in times of war. It is nonetheless striking to observe that certain solutions that were used in the past to smooth out public debt crises (inflation, default, cancellation, or capital controls) were left out of the political framing of the recent crisis, therefore revealing how the balance of power between bondholders, taxpayers, pensioners, and wage-earners has evolved over the past 40 years. Today, as the Covid-19 pandemic opens up a dramatic new crisis, reconnecting the history of capitalism and that of democracy seems one of the most urgent intellectual and political tasks of our time. This global political history of public debt is a contribution to this debate and will be of interest to financial, economic, and political historians and researchers. Chapters 13 and 19 are available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.

The Politics of International Debt

The Politics of International Debt PDF Author: Miles Kahler
Publisher:
ISBN:
Category : Debts, External
Languages : en
Pages :

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Book Description


Politics And Economics Of External Debt Crisis

Politics And Economics Of External Debt Crisis PDF Author: Miguel S. Wionczek
Publisher: Routledge
ISBN: 1000307425
Category : Political Science
Languages : en
Pages : 407

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Book Description
Since 1981 Latin America has been in the midst of a protracted external debt crisis due, among other reasons, to emergency borrowing at record-high real interest rates and the decline in the region's export proceeds. Until now, most literature on the subject originated in industrial lender countries, whose primary concern is the impact of the debt

Why Not Default?

Why Not Default? PDF Author: Jerome E. Roos
Publisher: Princeton University Press
ISBN: 0691184933
Category : Business & Economics
Languages : en
Pages : 398

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Book Description
How creditors came to wield unprecedented power over heavily indebted countries—and the dangers this poses to democracy The European debt crisis has rekindled long-standing debates about the power of finance and the fraught relationship between capitalism and democracy in a globalized world. Why Not Default? unravels a striking puzzle at the heart of these debates—why, despite frequent crises and the immense costs of repayment, do so many heavily indebted countries continue to service their international debts? In this compelling and incisive book, Jerome Roos provides a sweeping investigation of the political economy of sovereign debt and international crisis management. He takes readers from the rise of public borrowing in the Italian city-states to the gunboat diplomacy of the imperialist era and the wave of sovereign defaults during the Great Depression. He vividly describes the debt crises of developing countries in the 1980s and 1990s and sheds new light on the recent turmoil inside the Eurozone—including the dramatic capitulation of Greece’s short-lived anti-austerity government to its European creditors in 2015. Drawing on in-depth case studies of contemporary debt crises in Mexico, Argentina, and Greece, Why Not Default? paints a disconcerting picture of the ascendancy of global finance. This important book shows how the profound transformation of the capitalist world economy over the past four decades has endowed private and official creditors with unprecedented structural power over heavily indebted borrowers, enabling them to impose painful austerity measures and enforce uninterrupted debt service during times of crisis—with devastating social consequences and far-reaching implications for democracy.

International Debt

International Debt PDF Author: Constantine Stephanou
Publisher: Springer
ISBN: 1137030577
Category : Business & Economics
Languages : en
Pages : 186

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Book Description
Written by a group of international experts, this book focuses on three interdependent themes: (a) origins and consequences of the current debt crisis; (b) the systemic nature of the crisis; (c) national and international policy efforts to avoid a global collapse and bring about lasting reforms in the Euro zone and in the financial system.

A Jubilee Call for Debt Forgiveness

A Jubilee Call for Debt Forgiveness PDF Author:
Publisher: USCCB
ISBN: 9781574553291
Category : Business & Economics
Languages : en
Pages : 36

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Book Description


Political Dimensions of the International Debt Crisis

Political Dimensions of the International Debt Crisis PDF Author: Bonnie K. Campbell
Publisher: Springer
ISBN: 1349105074
Category : Business & Economics
Languages : en
Pages : 204

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Book Description
Five papers on the political dimensions of the debt crisis at national, international and geo-political levels. There are case studies of Sudan, Senegal, Ivory Coast and Mexico. One conclusion is that the erosion of the powers and legitimacy of government is the most damaging consequence.

The Political Economy of International Debt

The Political Economy of International Debt PDF Author: Michel Henri Bouchet
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 256

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Book Description
This original work combines technical analysis of the North-South, Third World debt crisis with a description of the political frameworks used to analyze this issue. . . . Business professionals who want a deeper understanding of the debt question, as well as scholars of international banking and economic development, can use this book as a roadmap toward understanding the assumptions behind debt analysis, as well as a way to frame more clearly the issues associated with efforts to resolve this lingering international economic problem. International Executive In this book, Dr. Bouchet, a leading economist and banker who has more than ten years' direct experience in the international lending process, cuts through the confusion that surrounds the subject. His clear and original analysis delineates the debt situation in terms of the behavior of the major participants, their conflicting motivations, and the external pressures and theoretical frameworks that determine their roles and actions. A wealth of previously unpublished data and the author's constructive synthesis of these disparate elements will enable professionals, scholars, and students to develop more realistic approaches to this intractable problem.