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Books > Social sciences > Politics & government > Local government
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Global Debt Dynamics - Crises, Lessons, Governance (Hardcover)
Loot Price: R3,067
Discovery Miles 30 670
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Global Debt Dynamics - Crises, Lessons, Governance (Hardcover)
Series: ThirdWorlds
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This comprehensive volume explores debt dynamics and the
intensification of debt crises across the globe, bringing together
several recent but underexplored debt crises from different
regional and socioeconomic contexts. Using detailed case studies,
the authors recast the perils of debt-based growth in the context
of regional/global imbalances; not to advocate 'one-size-fits-all'
reforms, but to point to the need for accommodating diversity. They
examine how current economic developments put developing and
developed countries under new strain. They also interrogate the
opportunities and challenges generated for developing countries by
the new development finance landscape and newly (re)emerged
geopolitical tensions. The book also explores the inability of
existing dominant structures and thinking to effectively manage the
multiple facets of the ongoing global debt crisis, pointing to
responses that exacerbate rather than address unsustainable debt
dynamics. The authors illustrate the adverse effects of ad hoc
crisis management mechanisms which are not fit for purpose, and
indicate the negative consequences that existing policies may have
for democracy. They then put forward a framework for alternative
thinking as well as concrete ideas on what needs to be done, in
response. This book will be of great interest to students, scholars
and professionals in the field of global debt studies. It was
originally published as a special issue of the online journal Third
World Thematics.
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