The Global Debt Bomb (Paperback, New Ed)

The Global Debt Bomb describes the rapid increase in public and private debt in the G7 nations since the 1960s, why this debt has grown so quickly, and what the economic, political, and social consequences of this rise in debt have been. International in focus, this book broadens the debate on public debt to include household and corporate debt, avoids alarmist rhetoric, and puts our current problems in historical perspective.

The central message of The Global Debt Bomb is that the debt-induced financial crisis that affected the Pacific Rim and much of the developing world in 1998 will likely spread to the industrialized countries in Europe and North America when current market and asset "bubbles" burst. How to prevent or mitigate another possible crisis is the primary contribution of this book.

General

Imprint:	Routledge
Country of origin:	United Kingdom
Release date:	October 1999
First published:	2000
Authors:	James L. Clayton
Dimensions:	229 x 152 x 14mm (L x W x T)
Format:	Paperback
Pages:	208
Edition:	New Ed
ISBN-13:	978-0-7656-0476-7
Categories:	Books > Humanities > History > History of specific subjects > Economic history Books > Business & Economics > Economics > International economics > General Books > Business & Economics > Finance & accounting > Finance > Public finance > General Books > History > History of specific subjects > Economic history Books > Money & Finance > Public finance > General
LSN:	0-7656-0476-0
Barcode:	9780765604767

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