Author : KPMG Peat Marwick. Policy Economics Group
Publisher :
Page : 142 pages
File Size : 19,51 MB
Release : 1990
Category : Debts, Public
ISBN :
Author : California State Library
Publisher :
Page : 448 pages
File Size : 44,39 MB
Release : 1990
Category : California
ISBN :
Author :
Publisher :
Page : 530 pages
File Size : 18,74 MB
Release : 1989
Category : Debts, Public
ISBN :
Author : M. Ayhan Kose
Publisher : World Bank Publications
Page : 403 pages
File Size : 36,64 MB
Release : 2021-03-03
Category : Business & Economics
ISBN : 1464815453
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.
Author : Otavio Ladeira de Medeiros
Publisher :
Page : 456 pages
File Size : 11,91 MB
Release : 2010
Category : Brasilien
ISBN :
Author : Mr.Barry J. Eichengreen
Publisher : International Monetary Fund
Page : 60 pages
File Size : 40,64 MB
Release : 2019-01-15
Category : Business & Economics
ISBN : 1484392892
We consider public debt from a long-term historical perspective, showing how the purposes for which governments borrow have evolved over time. Periods when debt-to-GDP ratios rose explosively as a result of wars, depressions and financial crises also have a long history. Many of these episodes resulted in debt-management problems resolved through debasements and restructurings. Less widely appreciated are successful debt consolidation episodes, instances in which governments inheriting heavy debts ran primary surpluses for long periods in order to reduce those burdens to sustainable levels. We analyze the economic and political circumstances that made these successful debt consolidation episodes possible.
Author : Greg Michels
Publisher : Municipal Analysis Services, Inc.
Page : 184 pages
File Size : 24,32 MB
Release : 2018-01-01
Category : Business & Economics
ISBN : 0317383620
Annual finance and employment comparisons of local taxing authorities
Author :
Publisher :
Page : 224 pages
File Size : 35,58 MB
Release : 1990
Category : Government publications
ISBN :
Lists publications released for public distribution ... by the California State Legislature in addition to executive and judicial agency documents received by the Legislature.
Author : Carmen M. Reinhart
Publisher : Princeton University Press
Page : 513 pages
File Size : 47,98 MB
Release : 2011-08-07
Category : Business & Economics
ISBN : 0691152640
An empirical investigation of financial crises during the last 800 years.
Author : Helisse Levine
Publisher : Jones & Bartlett Publishers
Page : 574 pages
File Size : 50,95 MB
Release : 2012
Category : Business & Economics
ISBN : 0763792306
Fiscal health of local governments and municipalities has remained an important issue since the crises of the 1970s in places like New York, Philadelphia and Cleveland. More recently, the bankruptcy of Orange County California raised the possibility of a different type of financial failure than earlier ones. The beginning of the 21st century has witnessed two major economic bubbles including the dotcom and housing bubbles. These economic cycles combined with increasing health care, pension and other structural costs continue to challenge the fiscal viability of many jurisdictions. In particular, the economic and financial crisis of 2007-2008 is likely to result in potentially serious fiscal challenges for local jurisdictions.
