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Sovereign Debt - A Guide for Economists and Practitioners (Hardcover)
Loot Price: R2,891
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Sovereign Debt - A Guide for Economists and Practitioners (Hardcover)
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The last time global sovereign debt reached the level seen today
was at the end of the Second World War, and this shaped a
generation of economic policymaking. International institutions
were transformed, country policies were often draconian and
distortive, and many crises ensued. By the early 1970s, when debt
fell back to pre-war levels, the world was radically different. It
is likely that changes of a similar magnitude -for better and for
worse - will play out over coming decades. Sovereign Debt: A Guide
for Economists and Practitioners is an attempt to build some
structure around the issues of sovereign debt to help guide
economists, practitioners and policymakers through this
complicated, but not intractable, subject. Sovereign Debt brings
together some of the world's leading researchers and specialists in
sovereign debt to cover a range of sub-disciplines within this vast
topic. It explores debt management with debt sustainability; debt
reduction policies with crisis prevention policies; and the history
with the conjuncture. It is a foundation text for all those
interested in sovereign debt, with a particular focus real world
examples and issues.
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