On The Public Debt
DOWNLOAD
FREE 30 Days
Download On The Public Debt PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get On The Public Debt book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
In Defense Of Public Debt
DOWNLOAD
FREE 30 Days
Author : Barry Eichengreen
language : en
Publisher: Oxford University Press
Release Date : 2021-08-11
In Defense Of Public Debt written by Barry Eichengreen and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-08-11 with Business & Economics categories.
A dive into the origins, management, and uses and misuses of sovereign debt through the ages. Public debts have exploded to levels unprecedented in modern history as governments responded to the Covid-19 pandemic and ensuing economic crisis. Their dramatic rise has prompted apocalyptic warnings about the dangers of heavy debtsabout the drag they will place on economic growth and the burden they represent for future generations. In Defense of Public Debt offers a sharp rejoinder to this view, marshaling the entire history of state-issued public debt to demonstrate its usefulness. Authors Barry Eichengreen, Asmaa El-Ganainy, Rui Esteves, and Kris James Mitchener argue that the ability of governments to issue debt has played a critical role in addressing emergenciesfrom wars and pandemics to economic and financial crises, as well as in funding essential public goods and services such as transportation, education, and healthcare. In these ways, the capacity to issue debt has been integral to state building and state survival. Transactions in public debt securities have also contributed to the development of private financial markets and, through this channel, to modern economic growth. None of this is to deny that debt problems, debt crises, and debt defaults occur. But these dramatic events, which attract much attention, are not the entire story. In Defense of Public Debt redresses the balance. The authors develop their arguments historically, recounting two millennia of public debt experience. They deploy a comprehensive database to identify the factors behind rising public debts and the circumstances under which high debts are successfully stabilized and brought down. Finally, they bring the story up to date, describing the role of public debt in managing the Covid-19 pandemic and recession, suggesting a way forward once governmentsnow more heavily indebted than beforefinally emerge from the crisis.
Quantifying The Sustainability Of Public Debt
DOWNLOAD
FREE 30 Days
Author : Cansın Kemal Can
language : en
Publisher: Cambridge Scholars Publishing
Release Date : 2021-06-09
Quantifying The Sustainability Of Public Debt written by Cansın Kemal Can and has been published by Cambridge Scholars Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-06-09 with Business & Economics categories.
Despite its beneficial aspects, public debt can be hazardous for macroeconomic performance should it reach unrepayable levels as a consequence of snowballing explosive trends. Failure to monitor the existing trend in public debt in order to detect such divergences from the stable path, and the lack of an adaptive public financial management can potentially culminate in a public debt crisis whose disruptive economic impacts can permeate all sectors of the economy very swiftly. However, public debt sustainability is a vague concept with no straightforward operational definitions. In addition, its multi-faceted nature is an impediment for the implementation of real-world appraisal of the fiscal posture from a stability viewpoint. As such, quantifying the public debt sustainability is essential for overhauling the fiscal policies so as to avoid a potential debt crisis stemming from malfunctioning fiscal policies. This book provides the reader with a practical and straightforward framework that outlines a tool for undertaking public debt sustainability analysis. In order to guide further empirical investigations, the discussion in this book is underpinned by a real-world application of the model which highlights the practical aspects of the tool with reference to time-varying empirical evidence from a developing country.
What We Owe
DOWNLOAD
FREE 30 Days
Author : Carlo Cottarelli
language : en
Publisher: Brookings Institution Press
Release Date : 2017-09-05
What We Owe written by Carlo Cottarelli and has been published by Brookings Institution Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-09-05 with Political Science categories.
The euro crisis, Japan's sluggish economy, and partisan disagreements in the United States about the role of government all have at least one thing in common: worries about high levels of public debt. Nearly everyone agrees that public debt in many advanced economies is too high to be sustainable and must be addressed. There is little agreement, however, about when and how that addressing should be done—or even, in many cases, just how serious the debt problem is. As the former director of the International Monetary Fund's Fiscal Affairs Department, Carlo Cottarelli has helped countries across the globe confront their public finance woes. He also had direct experience in advising his own country, Italy, about its chronic fiscal ailments. In this straightforward, plain-language book, Cottarelli explains how and why excessive public debt can harm economic growth and can lead to crises such as those experienced recently in Italy and several other European countries. But Cottarelli also has some good news: reducing public debt often can be done without trauma and through moderate changes in spending habits that contribute to economic growth. His book focuses on positive remedies that countries can adopt to deal with their public debt, analyzing both the benefits and potential downsides to each approach, as well as suggesting which remedies might be preferable in particular situations. Too often, public debate about public debt is burdened by lies and myths. This book not only explains the basic facts about public debt but also aims to bring truth and reasoned nonpartisan analysis to the debate.
The Organisation Of The Public Debt And A Plan For The Relief Of The Treasury
DOWNLOAD
FREE 30 Days
Author : Robert MORRIS (Writer on Finance.)
language : en
Publisher:
Release Date : 1863
The Organisation Of The Public Debt And A Plan For The Relief Of The Treasury written by Robert MORRIS (Writer on Finance.) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1863 with categories.
Public Debt In A Democratic Society
DOWNLOAD
FREE 30 Days
Author : James M. Buchanan
language : en
Publisher: Washington, D.C. : American Enterprise Institute for Public Policy Research
Release Date : 1967
Public Debt In A Democratic Society written by James M. Buchanan and has been published by Washington, D.C. : American Enterprise Institute for Public Policy Research this book supported file pdf, txt, epub, kindle and other format this book has been release on 1967 with Business & Economics categories.
Public Principles Of Public Debt A Defense And Restatement
DOWNLOAD
FREE 30 Days
Author : JAMES M. BUCHANAN
language : en
Publisher:
Release Date : 1958
Public Principles Of Public Debt A Defense And Restatement written by JAMES M. BUCHANAN and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1958 with categories.
The Public Debt Problem
DOWNLOAD
FREE 30 Days
Author : P. Lemieux
language : en
Publisher: Springer
Release Date : 2013-01-06
The Public Debt Problem written by P. Lemieux and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-01-06 with Business & Economics categories.
The European public debt problem was in the making long before the 2007-2009 recession, as budget deficits had become endemic. A similar crisis is now developing in America, where the same fundamental causes have been at work. The Public Debt Problem analyzes the situation of public debts in America and reviews official forecasts for the federal government. The author carefully explains the main concepts (budget deficit, public debt, etc.) and analytical tools (discounting, government accounting, Treasury securities, bonds, yields, etc.) necessary to understand the issues.
Monetary Policy And The Management Of The Public Debt
DOWNLOAD
FREE 30 Days
Author : United States. Congress. Joint Economic Committee
language : en
Publisher:
Release Date : 1952
Monetary Policy And The Management Of The Public Debt written by United States. Congress. Joint Economic Committee and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1952 with Credit categories.
Public Debt Sustainability In Developing Asia
DOWNLOAD
FREE 30 Days
Author : Benno Ferrarini
language : en
Publisher: Routledge
Release Date : 2012
Public Debt Sustainability In Developing Asia written by Benno Ferrarini and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with Business & Economics categories.
Addressing the global financial crisis has required fiscal intervention on a substantial scale by governments around the world. The consequent buildup of public debt, in particular its sustainability, has moved to center stage in the policy debate. If the Asia and Pacific region is to continue to serve as an engine for global growth, its public debt must be sustainable. Public Debt Sustainability in Developing Asia addresses this issue for Asia and the Pacific as a whole as well as for three of the most dynamic economies in the region: the People’s Republic of China, India, and Viet Nam. The book begins with a discussion of the reasons for increased attention to debt-related issues. It also introduces fiscal indicators for the Asian Development. Bank’s developing member countries and economies. The sustainability of their debt is assessed through extant approaches and with the most up-to-date data sources. The book also surveys the existing literature on debt sustainability, outlining the main issues related to it, and discusses the key implications for the application of debt sustainability analysis in developing Asia. Also highlighted is the importance of conducting individual country studies in view of wide variations in definitions of public expenditure, revenues, contingent liabilities, government structures (e.g., federal), and the like, as well as the impact of debt on interest rates. The book further provides in-depth debt sustainability analyses for the People’s Republic of China, India, and Viet Nam. Public Debt Sustainability in Developing Asia offers a comprehensive analytical and empirical update on the sustainability of public debt in the region. It breaks new ground in examining characteristics that are crucial to understanding sustainability and offers richer policy analysis that should prove useful for policymakers, researchers, and graduate students.
The Economics Of Public Debt
DOWNLOAD
FREE 30 Days
Author : Kenneth J. Arrow
language : en
Publisher: Springer
Release Date : 1988-09-19
The Economics Of Public Debt written by Kenneth J. Arrow and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988-09-19 with Business & Economics categories.
A collection of essays presenting new insights into the analysis of public debt theory, recent historical episodes, econometric analyses and policy dilemmas and options. It also documents the perceptions of debt problems from viewpoints of national economies as well as the world economy.