Logotipo librería Marcial Pons
The sovereign debt crisis

The sovereign debt crisis
placing a curb on growth

  • ISBN: 9789461383372
  • Editorial: Centre for European Policy Studies
  • Lugar de la edición: Brussels. Bélgica
  • Encuadernación: Rústica
  • Medidas: 22 cm
  • Nº Pág.: 125
  • Idiomas: Inglés

Papel: Rústica
32,49 €
Stock en librería. Envío en 24/48 horas


The Sovereign Debt Crisis, 2012 edition, looked at how governments ran up substantial deficits in order to avert a worldwide depression and their subsequent attempts to rebalance their budgets. This updated edition concentrates on the delicate balancing act the economies of the United States, Japan, and the eurozone face between the present need to boost sluggish economic growth by providing sufficiently cheap, low-risk credit and the longer-term challenges of cutting massive debt and returning to a sustainable fiscal policy. The authors argue that many of the euro area economies, having noticeable difficulty paying their international debts, are in a sovereign debt crisis, while America and Japan are, for now, holding steady but in real danger of slipping into crisis. The book shows how the process has evolved in these three major developed economies and how their policy choices impact global financial markets.


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