Luis Carlos Jemio analyses the macroeconomic events that took place in Bolivia between 1970 and 1995. In that time, the Bolivian economy moved from severe indebtedness and profound economic crisis to a period of economic stability and structural reform. He emphasizes the varying…
"In order to understand macroeconomic adjustment processes in a segmented economy, like that of Bolivia, Luis Carlos Jemio puts forward an alternative, more disaggregated analytical framework. Only by understanding individual sectoral accumulation behaviour can we reach a proper…
A decade of debt
by Reinhart, Carmen M., Rogoff, Kenneth S.
fromPolicy analyses in international economics
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, pa…
A decade of debt
by Reinhart, Carmen M., Rogoff, Kenneth S.
fromPolicy analyses in international economics
A decade of debt
by Reinhart, Carmen M., Rogoff, Kenneth
fromPolicy analyses in international economics
A decade of debt
by Reinhart, Carmen M., Rogoff, Kenneth S.
fromPolicy analyses in international economics
A decade of debt
by Reinhart, Carmen M., Rogoff, Kenneth S.
fromPolicy analyses in international economics
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, pa…
A decade of debt
by Reinhart, Carmen M., Rogoff, Kenneth S.
fromPolicy analyses in international economics
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, pa…
At the turn of this century, the American national debt stood at just under $6 trillion and the deficit at a "mere" $86 billion. Today, the national debt has topped $14 trillion, and the yearly deficit for 2011 is projected at a whopping $1.4 trillion. According to the U.S. Trea…
At the turn of this century, the American national debt stood at just under $6 trillion and the deficit at a "mere" $86 billion. Today, the national debt has topped $14 trillion, and the yearly deficit for 2011 is projected at a whopping $1.4 trillion. According to the U.S. Trea…
Presents an introduction to the basic principles of the federal deficit, discussing such topics as the history of public debts, the rationale for deficit spending in a recession, and arguments for and against deficit reduction.
Americans as a whole view themselves as reasonably prudent and sober people when it comes to matters of money, reflecting the puritan roots of the earliest European settlers. Yet as a community, we also seem to believe that we are entitled to a lifestyle that is well-beyond our …