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Author:
Publisher:
ISBN:
Category : Debts, Public
Languages : en
Pages : 814
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Book Description
Author:
Publisher:
ISBN:
Category : Debts, Public
Languages : en
Pages : 814
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Book Description
Author: Harvey Edward Fisk
Publisher:
ISBN:
Category : Debts, Public
Languages : en
Pages : 394
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Book Description
Author:
Publisher:
ISBN:
Category : World War, 1914-1918
Languages : en
Pages : 92
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Book Description
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: Eric Toussaint
Publisher: IMG Publications
ISBN: 9780902869370
Category :
Languages : en
Pages : 336
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Book Description
Governments of the most industrialised countries have dramatically increased their public debt to bail out the private banks after the most disastrous economic and financial meltdown in capitalist history since the 1930s. Paying debts and reducing fiscal deficits have become the perfect pretexts to enforce austerity measures everywhere. The Troika (European Commission, ECB and IMF) and all EU governments have launched an unprecedented attack on people's social and economic rights. This book will enable the reader to understand how the crisis developed: the consequences of deregulating the banking system, the logic underpinning private banks' responses, and the crimes they perpetrate on a daily basis with the collusion of governments and central banks. It argues for socialisation, rather than 'nationalisation', of the banking sector so that it becomes a proper public service under citizen control and monitoring. It argues for the cancellation of illegitimate public debt that largely results from bank bail-outs. It uses simple straightforward language to make it possible for anyone to understand the current crisis and see coherent alternatives to the current policies.
Author: Mrs. Justina Leavitt Wilson
Publisher:
ISBN:
Category : Social sciences
Languages : en
Pages : 46
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Book Description
Author: Eric Toussaint
Publisher: NYU Press
ISBN: 1583674985
Category : Political Science
Languages : en
Pages : 372
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Book Description
Mainstream economists tell us that developing countries will replicate the economic achievements of the rich countries if they implement the correct “free-market”policies. But scholars and activists Toussaint and Millet demonstrate that this is patently false. Drawing on a wealth of detailed evidence, they explain how developed economies have systematically and deliberately exploited the less-developed economies by forcing them into unequal trade and political relationships. Integral to this arrangement are the international economic institutions ostensibly created to safeguard the stability of the global economy—the International Monetary Fund (IMF) and the World Bank—and the imposition of massive foreign debt on poor countries. The authors explain in simple language, and ample use of graphics, the multiple contours of this exploitative system, its history, and how it continues to function in the present day. Ultimately, Toussaint and Millet advocate cancellation of all foreign debt for developing countries and provide arguments from a number of perspectives—legal, economic, moral. Presented in an accessible and easily-referenced question and answer format, Debt, the IMF, and the World Bank is an essential tool for the global justice movement.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 400
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Book Description
Author: Featherstone, Mark
Publisher: Policy Press
ISBN: 1447339541
Category : Social Science
Languages : en
Pages : 264
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Book Description
Over the course of the last ten years the issue of debt has become a serious problem that threatens to destroy the global socio-economic system and ruin the everyday lives of millions of people. This collection brings together a range of perspectives of key thinkers on debt to provide a sociological analysis focused upon the social, political, economic, and cultural meanings of indebtedness. The contributors to the book consider both the lived experience of debt and the more abstract processes of financialisation taking place globally. Showing how debt functions on the level of both macro- and microeconomics, the book also provides a more holistic perspective, with accounts that span sociological, cultural, and economic forms of analysis.
Author: V.N. Khanna
Publisher: Vikas Publishing House
ISBN: 9325968363
Category : Political Science
Languages : en
Pages : 498
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Book Description
The fifth edition of International Relations covers the subject from the historical perspectivefrom the eve of the First World War to the end of the Cold War and beyond. This book is divided into two sectionsthe 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
