1.

Record Nr.

UNISA996385839703316

Autore

Glapthorne Henry

Titolo

The ladies priviledge [[electronic resource] ] : As it was acted with good allowance at the Cock-pit in Drury-lane, and before their Majesties at White-Hall twice. By their Maiesties Servants. The author Henry Glapthorne

Pubbl/distr/stampa

Imprinted at London, : By I. Okes, for Francis Constable, and are to be sold at his shops in Kings-street, at the signe of the Goat, and in Westminster-hall, 1640

Descrizione fisica

[68] p

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

In verse.

Signatures: A-H⁴ J² .

Reproduction of the original in the Henry E. Huntington Library and Art Gallery.

Sommario/riassunto

eebo-0113



2.

Record Nr.

UNINA9910973894903321

Autore

Gagnon Joseph E

Titolo

The global outlook for government debt over the next 25 years : implications for the economy and public policy / / Joseph E. Gagnon with Marc Hinterschweiger

Pubbl/distr/stampa

Washington, DC, : Peter G. Peterson Institute for International Economics, c2011

ISBN

0-88132-629-1

Edizione

[1st ed.]

Descrizione fisica

1 online resource (92 p.)

Collana

Policy analyses in international economics ; ; 94

Altri autori (Persone)

HinterschweigerMarc

Disciplina

336.3/435

Soggetti

Debts, Public

Economic policy

Fiscal policy

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Bibliographic Level Mode of Issuance: Monograph

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Intro -- Contents -- Preface -- Acknowledgments -- The Global Outlook for Government Debt over the Next 25 Years: Implications for the Economy and Public Policy -- Overview -- Introduction -- Projected Paths of Government Debt -- The Burden of Debt and Fiscal Limits -- Paths to Safety -- Conclusion -- References -- About the Authors -- Index.

Sommario/riassunto

This study addresses a fundamentally new feature of the contemporary world economy: the simultaneous buildup of very large public deficits and debt positions in virtually all of the advanced high-income countries. The recent global financial crisis sharply accelerated this fiscal deterioration, but it was already well underway in some countries, including the United States, where demographic prospects had posed extremely worrisome trajectories for a number of years.  The book has three basic objectives. First, it projects the global fiscal outlook to 2035. Second, it asks whether the combination of deficits and debt in a large number of countries at the same time produces an impact on the world economy that is qualitatively different from the more traditional emergence of such problems in one or a few countries in any given period. Third, it analyzes the effects of the fiscal prospects on key economic variables including global interest rates and growth rates.  



The analysis finds that the current public debt profiles in most advanced economies will grow to dangerous and unsustainable levels over the next couple of decades unless major changes are made in projected spending and revenue levels. The authors conclude that the United States and Japan, in particular, need to start planning now for significant future budget cuts to minimize the risk of a crisis. Acting soon enables the adjustment to be phased in over an extended period, which cushions the inevitable adjustment costs, while avoiding the potentially enormous pressures that could be levied by markets if correction is delayed too long.