Author: M. Ayhan Kose
Publisher: World Bank Publications
ISBN: 1464815453
Category : Business & Economics
Languages : en
Pages : 403
Book Description
The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.
Global Waves of Debt
Author: M. Ayhan Kose
Publisher: World Bank Publications
ISBN: 1464815453
Category : Business & Economics
Languages : en
Pages : 403
Book Description
The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.
Publisher: World Bank Publications
ISBN: 1464815453
Category : Business & Economics
Languages : en
Pages : 403
Book Description
The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.
The Uncertainty of Debt Service Payments and Economic Growth of HIPCs
Author: A. Geske Dijkstra
Publisher:
ISBN:
Category : Debt relief
Languages : en
Pages : 24
Book Description
Publisher:
ISBN:
Category : Debt relief
Languages : en
Pages : 24
Book Description
Debt Relief for Poor Countries
Author: T. Addison
Publisher: Palgrave Macmillan
ISBN: 9781403934956
Category : Business & Economics
Languages : en
Pages : 324
Book Description
After a massive international campaign calling attention to the development impact of foreign debt, the Heavily Indebted Poor Countries (HIPC) initiative is now underway. But will the HIPC Initiative meet its high expectations? Will debt relief substantially raise growth? How do we make sure that debt relief benefits poor people? And how can we ensure that poor countries do not become highly indebted again? These are some of the key policy issues covered in this rigorous and independent analysis of debt, development, and poverty.
Publisher: Palgrave Macmillan
ISBN: 9781403934956
Category : Business & Economics
Languages : en
Pages : 324
Book Description
After a massive international campaign calling attention to the development impact of foreign debt, the Heavily Indebted Poor Countries (HIPC) initiative is now underway. But will the HIPC Initiative meet its high expectations? Will debt relief substantially raise growth? How do we make sure that debt relief benefits poor people? And how can we ensure that poor countries do not become highly indebted again? These are some of the key policy issues covered in this rigorous and independent analysis of debt, development, and poverty.
Sovereign Debt and Human Rights
Author: Ilias Bantekas
Publisher:
ISBN: 019881044X
Category : Business & Economics
Languages : en
Pages : 641
Book Description
Sovereign debt is necessary for states to function, yet its impact on human rights is underexplored. Bantekas and Lumina gather experts to conclude that imposing structural adjustment programmes exacerbates debt, injures the entrenched rights of peoples and their state's economic sovereignty, and worsens the borrower's economic situation.
Publisher:
ISBN: 019881044X
Category : Business & Economics
Languages : en
Pages : 641
Book Description
Sovereign debt is necessary for states to function, yet its impact on human rights is underexplored. Bantekas and Lumina gather experts to conclude that imposing structural adjustment programmes exacerbates debt, injures the entrenched rights of peoples and their state's economic sovereignty, and worsens the borrower's economic situation.
Public Debt and Growth
Author: Jaejoon Woo
Publisher: International Monetary Fund
ISBN: 145520157X
Category : Business & Economics
Languages : en
Pages : 49
Book Description
This paper explores the impact of high public debt on long-run economic growth. The analysis, based on a panel of advanced and emerging economies over almost four decades, takes into account a broad range of determinants of growth as well as various estimation issues including reverse causality and endogeneity. In addition, threshold effects, nonlinearities, and differences between advanced and emerging market economies are examined. The empirical results suggest an inverse relationship between initial debt and subsequent growth, controlling for other determinants of growth: on average, a 10 percentage point increase in the initial debt-to-GDP ratio is associated with a slowdown in annual real per capita GDP growth of around 0.2 percentage points per year, with the impact being somewhat smaller in advanced economies. There is some evidence of nonlinearity with higher levels of initial debt having a proportionately larger negative effect on subsequent growth. Analysis of the components of growth suggests that the adverse effect largely reflects a slowdown in labor productivity growth mainly due to reduced investment and slower growth of capital stock.
Publisher: International Monetary Fund
ISBN: 145520157X
Category : Business & Economics
Languages : en
Pages : 49
Book Description
This paper explores the impact of high public debt on long-run economic growth. The analysis, based on a panel of advanced and emerging economies over almost four decades, takes into account a broad range of determinants of growth as well as various estimation issues including reverse causality and endogeneity. In addition, threshold effects, nonlinearities, and differences between advanced and emerging market economies are examined. The empirical results suggest an inverse relationship between initial debt and subsequent growth, controlling for other determinants of growth: on average, a 10 percentage point increase in the initial debt-to-GDP ratio is associated with a slowdown in annual real per capita GDP growth of around 0.2 percentage points per year, with the impact being somewhat smaller in advanced economies. There is some evidence of nonlinearity with higher levels of initial debt having a proportionately larger negative effect on subsequent growth. Analysis of the components of growth suggests that the adverse effect largely reflects a slowdown in labor productivity growth mainly due to reduced investment and slower growth of capital stock.
Macroeconomics for Developing Countries
Author: Raghbendra Jha
Publisher: Routledge
ISBN: 1134505434
Category : Business & Economics
Languages : en
Pages : 522
Book Description
This comprehensively revised and updated edition develops the themes presented in the first edition. Students and teachers who are familiar with the book will notice entirely new chapters as well as significant revision and uptating of existing chapters to take into account global economic changes since the turn of the millennium. With qu
Publisher: Routledge
ISBN: 1134505434
Category : Business & Economics
Languages : en
Pages : 522
Book Description
This comprehensively revised and updated edition develops the themes presented in the first edition. Students and teachers who are familiar with the book will notice entirely new chapters as well as significant revision and uptating of existing chapters to take into account global economic changes since the turn of the millennium. With qu
The Uncertainty of Debt Service Payments and Economic Growth of HIPCs
Author: Anneke Geske Dijkstra
Publisher:
ISBN: 9789291900671
Category : Debt relief
Languages : en
Pages : 14
Book Description
Publisher:
ISBN: 9789291900671
Category : Debt relief
Languages : en
Pages : 14
Book Description
Coping with Global Environmental Change, Disasters and Security
Author: Hans Günter Brauch
Publisher: Springer Science & Business Media
ISBN: 364217776X
Category : Science
Languages : en
Pages : 1816
Book Description
Coping with Global Environmental Change, Disasters and Security - Threats, Challenges, Vulnerabilities and Risks reviews conceptual debates and case studies focusing on disasters and security threats, challenges, vulnerabilities and risks in Europe, the Mediterranean and other regions. It discusses social science concepts of vulnerability and risks, global, regional and national security challenges, global warming, floods, desertification and drought as environmental security challenges, water and food security challenges and vulnerabilities, vulnerability mapping of environmental security challenges and risks, contributions of remote sensing to the recognition of security risks, mainstreaming early warning of conflicts and hazards and provides conceptual and policy conclusions.
Publisher: Springer Science & Business Media
ISBN: 364217776X
Category : Science
Languages : en
Pages : 1816
Book Description
Coping with Global Environmental Change, Disasters and Security - Threats, Challenges, Vulnerabilities and Risks reviews conceptual debates and case studies focusing on disasters and security threats, challenges, vulnerabilities and risks in Europe, the Mediterranean and other regions. It discusses social science concepts of vulnerability and risks, global, regional and national security challenges, global warming, floods, desertification and drought as environmental security challenges, water and food security challenges and vulnerabilities, vulnerability mapping of environmental security challenges and risks, contributions of remote sensing to the recognition of security risks, mainstreaming early warning of conflicts and hazards and provides conceptual and policy conclusions.
Delivering on Debt Relief
Author: Nancy Birdsall
Publisher: Peterson Institute
ISBN: 9780881323313
Category : Business & Economics
Languages : en
Pages : 190
Book Description
This study brings readers up to date on the complicated subject of debt relief for poor countries. It also addresses the questions of more efficient and equitable government spending, building better institutions and attracting productive private investment.
Publisher: Peterson Institute
ISBN: 9780881323313
Category : Business & Economics
Languages : en
Pages : 190
Book Description
This study brings readers up to date on the complicated subject of debt relief for poor countries. It also addresses the questions of more efficient and equitable government spending, building better institutions and attracting productive private investment.
Guidelines for Public Debt Management -- Amended
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 149832892X
Category : Business & Economics
Languages : en
Pages : 39
Book Description
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Publisher: International Monetary Fund
ISBN: 149832892X
Category : Business & Economics
Languages : en
Pages : 39
Book Description
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