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Global Waves of Debt : : Causes and Consequences / / M. Ayhan Kose



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Autore: Kose M. Ayhan Visualizza persona
Titolo: Global Waves of Debt : : Causes and Consequences / / M. Ayhan Kose Visualizza cluster
Pubblicazione: Washington, D.C. : , : The World Bank, , 2021
Descrizione fisica: 1 online resource (306 pages)
Disciplina: 336.34
Soggetto topico: Debts, Public
Global Financial Crisis, 2008-2009
Altri autori: KoseM. Ayhan  
NaglePeter  
OhnsorgeFranziska  
SugawaraNaotaka  
Sommario/riassunto: The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.
Titolo autorizzato: Global Waves of Debt  Visualizza cluster
ISBN: 1-4648-1545-3
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910794414003321
Lo trovi qui: Univ. Federico II
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Serie: World Bank e-Library.