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Author
Publisher
Wiley
Formats
Description
"An exhaustive look at world markets and why the economy has been so unpredictable. Greece isn't the only country drowning in debt. The Debt Supercycle--when the easily managed, decades-long growth of debt results in a massive sovereign debt and credit crisis--is affecting developed countries around the world, including the United States. For these countries, there are only two options, and neither is good?restructure the debt or reduce it through...
Author
Publisher
Houghton Mifflin Harcourt
Pub. Date
[2018]
Description
The world has long considered China a juggernaut of economic strength, but since the global financial crisis, the country's economy has ballooned in size, complexity, and risk. Once dominated by four state-owned banks, the nation's financial system is a tangle of shadow banking entities, informal financial institutions, and complex corporate funding arrangements that threaten growth, stability, and reform efforts. The country has accumulated so much...
Series
Special report volume 20
Publisher
Peterson Institute for International Economics
Pub. Date
c2009
Description
This Special Report looks at the long-run prospects for the international economic position of the United States, with particular focus on the likely evolution of the current account deficit and prospective foreign financing for it. Its goal is to provide.