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Books > Business & Economics > Economics > Macroeconomics
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Great Nations at Peril (Hardcover, 2015 ed.)
Loot Price: R2,302
Discovery Miles 23 020
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Great Nations at Peril (Hardcover, 2015 ed.)
Series: The European Heritage in Economics and the Social Sciences, 17
Expected to ship within 10 - 15 working days
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This book was prompted by the current, lingering financial crisis,
which has its basis in the disorderly financial practices of the
United States. These practices have resulted in an accumulated debt
which now requires the United States to run financial policies at
artificially low interest rates. In principle, these low interest
rates should flood the markets with ready money. Since the spread
for banks is very thin, however, and they must carefully
discriminate between available risks and finance only those
propositions with no risk, credit is not abundantly available. With
staggering foreign debt and a myriad of other perils looming, this
great nation is at peril for sure. In the tradition of the
Heilbronn Symposium, the authors look at historical cases as a
means of understanding the current situation and informing possible
solutions to a problem that continues to affect the global economy.
The volume analyzes cases such as Prussia, Greece, Italy, Estonia,
and the European Union. This book will be of interest to scholars
and students of economic history as well as policy makers who may
benefit from an historical understanding of the economic challenges
their countries currently face.
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