The Polish Debt Crisis of 1981-82

The Polish Debt Crisis of 1981-82 PDF Author: Karin Lissakers
Publisher: Georgetown University, School of Foreign Service
ISBN: 9781569272091
Category : Debts, External
Languages : en
Pages : 10

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The Polish Debt Crisis of 1981-82

The Polish Debt Crisis of 1981-82 PDF Author: Karin Lissakers
Publisher: Georgetown University, School of Foreign Service
ISBN: 9781569272091
Category : Debts, External
Languages : en
Pages : 10

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Book Description


Polish Debt Crisis

Polish Debt Crisis PDF Author: United States. Congress. Senate. Committee on Appropriations. Subcommittee on Foreign Operations
Publisher:
ISBN:
Category : Debts, External
Languages : en
Pages : 256

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Global Waves of Debt

Global Waves of Debt PDF Author: M. Ayhan Kose
Publisher: World Bank Publications
ISBN: 1464815453
Category : Business & Economics
Languages : en
Pages : 403

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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 Liquidation of Government Debt

The Liquidation of Government Debt PDF 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.

The Polish Crisis and Relations with Eastern Europe, 1979-1982

The Polish Crisis and Relations with Eastern Europe, 1979-1982 PDF Author: Isabelle Tombs
Publisher: Taylor & Francis
ISBN: 135176912X
Category : History
Languages : en
Pages : 527

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Book Description
This volume presents a collection of diplomatic documents describing Britain’s relations with Eastern Europe from 1979 to 1982, with special focus on the crisis in Poland. After coming to power in 1979, the Conservative Government of Margaret Thatcher reaffirmed a policy of ‘differentiation’ between the Soviet Union and the rest of Eastern Europe, and between individual countries; concurrently it encouraged states to exercise a limited amount of independence. This policy was soon put to the test when in 1980 Solidarność, the Solidarity trade union led by Lech Wałęsa, challenged the power of the Party state in Poland. Political demands, social unrest and economic crisis culminated in the imposition of martial law in December 1981, finally suspended in December 1982. The volume maps the UK response, in consultation with Western partners, to the unfolding crisis in Poland, the threat of Soviet intervention and the impact on other Communist states in Europe. The volume also provides a flavour of bilateral UK relations with Albania, Bulgaria, Czechoslovakia, the German Democratic Republic, Hungary, Romania and Yugoslavia; highlighting themes such as human rights and trade. This volume will be of great interest to students of British Politics, Eastern European Politics, Cold War History, Diplomacy Studies and International Relations in general.

The United States, Western Europe and the Polish Crisis

The United States, Western Europe and the Polish Crisis PDF Author: H. Sjursen
Publisher: Springer
ISBN: 1403990298
Category : History
Languages : en
Pages : 207

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Book Description
This book examines the response of the Western Alliance to the Polish Crisis (1980-83). The author analyses the different views of Europe and the United States regarding enforcement in East-West relations and the opposition in Western Europe to the American approach. This case exemplifies the lasting differences in attitude within the Western Alliance.

Prevention and Resolution of Sovereign Debt Crises

Prevention and Resolution of Sovereign Debt Crises PDF Author: Ms.Julianne Ams
Publisher: INTERNATIONAL MONETARY FUND
ISBN: 9781484371329
Category : Business & Economics
Languages : en
Pages : 22

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Book Description
“The IMF’s Role in the Prevention and Resolution of Sovereign Debt Crises” provides a guided narrative to the IMF’s policy papers on sovereign debt produced over the last 40 years. The papers are divided into chapters, tracking four historical phases: the 1980s debt crisis; the Mexican crisis and the design of policies to ensure adequate private sector involvement (“creditor bail-in”); the Argentine crisis and the search for a durable crisis resolution framework; and finally, the global financial crisis, the Eurozone crisis, and their aftermaths.

This Time Is Different

This Time Is Different PDF Author: Carmen M. Reinhart
Publisher: Princeton University Press
ISBN: 1400831725
Category : Business & Economics
Languages : en
Pages : 512

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Book Description
The acclaimed New York Times bestselling history of financial crises Throughout history, rich and poor countries alike have been lending, borrowing, crashing, and recovering their way through an extraordinary range of financial crises. Each time, the experts have chimed, “this time is different”—claiming that the old rules of valuation no longer apply and that the new situation bears little similarity to past disasters. With this breakthrough study, leading economists Carmen Reinhart and Kenneth Rogoff definitively prove them wrong. Covering sixty-six countries across five continents and eight centuries, This Time Is Different presents a comprehensive look at the varieties of financial crises—including government defaults, banking panics, and inflationary spikes—from medieval currency debasements to the subprime mortgage catastrophe. Reinhart and Rogoff provocatively argue that financial combustions are universal rites of passage for emerging and established market nations. A remarkable history of financial folly, This Time Is Different will influence financial and economic thinking and policy for decades to come.

Soviet and American Signalling in the Polish Crisis

Soviet and American Signalling in the Polish Crisis PDF Author: T. Cynkin
Publisher: Springer
ISBN: 1349096946
Category : History
Languages : en
Pages : 271

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Book Description


The Polish Economic Crisis

The Polish Economic Crisis PDF Author: Batara Simatupang
Publisher: Routledge
ISBN: 1134880855
Category : Business & Economics
Languages : en
Pages : 218

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Book Description
Simatupang examines the circumstances that led to the revolution of 1989, primarily the economic slump of the 1980s and the severe recession that preceeded it, and its effects on the Polish people.