A DECADE OF DEBT |
Subtitle:
Policy Analyses in International Economics 95
|
Book Category:
Business & Economics > General
|
Author:
Reinhart, Carmen M. and Rogoff, Kenneth S.
|
Binding:
Paperback
|
ISBN 13:
9780881326222
|
Price:
USD 10.95
|
Publication Year:
2011
|
Publisher Info
Ed Tureen,
Peterson Institute for International Economics,1750 Massachusetts Avenue, NW,
Washington ,
District Of Columbia - 20036,USA
Web: http://bookstore.piie.com Inquiry
Book Description
This book presents evidence that public debts in the advanced economies have surged in recent years to levels not recorded since the end of World War II, surpassing the heights reached during the First World War and the Great Depression. At the same time, private debt levels, particularly those of financial institutions and households, are in uncharted territory and are (in varying degrees) a contingent liability of the public sector in many countries.
Book Review and Awards
Choice OAT; CFA Institute Journal of Financial Analysts Review (March/April 2012);Journal of Economic Literature 2012, 50:2, 513-546 http://dx/doi=10.1257/jel.50.2.513 "