Author: Sebastian EdwardsPublisher: Princeton University Press
ISBN: 0691196044
Category : Business & Economics
Languages : en
Pages : 288
Book Description
The untold story of how FDR did the unthinkable to save the American economy.
American Default
Author: Sebastian EdwardsPublisher: Princeton University Press
ISBN: 0691196044
Category : Business & Economics
Languages : en
Pages : 288
Book Description
The untold story of how FDR did the unthinkable to save the American economy.
Why Not Default?
Author: Jerome E. RoosPublisher: Princeton University Press
ISBN: 0691184933
Category : Business & Economics
Languages : en
Pages : 398
Book Description
How creditors came to wield unprecedented power over heavily indebted countries—and the dangers this poses to democracy The European debt crisis has rekindled long-standing debates about the power of finance and the fraught relationship between capitalism and democracy in a globalized world. Why Not Default? unravels a striking puzzle at the heart of these debates—why, despite frequent crises and the immense costs of repayment, do so many heavily indebted countries continue to service their international debts? In this compelling and incisive book, Jerome Roos provides a sweeping investigation of the political economy of sovereign debt and international crisis management. He takes readers from the rise of public borrowing in the Italian city-states to the gunboat diplomacy of the imperialist era and the wave of sovereign defaults during the Great Depression. He vividly describes the debt crises of developing countries in the 1980s and 1990s and sheds new light on the recent turmoil inside the Eurozone—including the dramatic capitulation of Greece’s short-lived anti-austerity government to its European creditors in 2015. Drawing on in-depth case studies of contemporary debt crises in Mexico, Argentina, and Greece, Why Not Default? paints a disconcerting picture of the ascendancy of global finance. This important book shows how the profound transformation of the capitalist world economy over the past four decades has endowed private and official creditors with unprecedented structural power over heavily indebted borrowers, enabling them to impose painful austerity measures and enforce uninterrupted debt service during times of crisis—with devastating social consequences and far-reaching implications for democracy.
Status of National Direct Student Loan Defaults as of June 30 ...
Author: Student Loan Defaults-- the Belmont Task Force Report
Author: United States. Congress. House. Committee on Education and Labor. Subcommittee on Postsecondary EducationPublisher:
ISBN:
Category : Collecting of accounts
Languages : en
Pages : 376
Book Description
Defaults in Morphological Theory
Author: Nikolas GisbornePublisher: Oxford University Press
ISBN: 0191021121
Category : Language Arts & Disciplines
Languages : en
Pages : 329
Book Description
Chapters in this volume describe morphology using four different frameworks that have an architectural property in common: they all use defaults as a way of discovering and presenting systematicity in the least systematic component of grammar. These frameworks - Construction Morphology, Network Morphology, Paradigm-function Morphology, and Word Grammar - display key differences in how they constrain the use and scope of defaults, and in the morphological phenomena that they address. An introductory chapter presents an overview of defaults in linguistics and specifically in morphology. In subsequent chapters, key proponents of the four frameworks seek to answer questions about the role of defaults in the lexicon, including: Does a defaults-based account of language have implications for the architecture of the grammar, particularly the proposal that morphology is an autonomous component? How does a default differ from the canonical or prototypical in morphology? Do defaults have a psychological basis? And how do defaults help us understand language as a sign-based system that is flawed, where the one to one association of form and meaning breaks down in the morphology?
Reasons as Defaults
Author: John F. HortyPublisher: OUP USA
ISBN: 0199744076
Category : Philosophy
Languages : en
Pages : 276
Book Description
In this volume, John Horty brings to bear his work in logic to present a framework that allows for answers to key questions about reasons and reasoning, namely: What are reasons, and how do they support actions or conclusions?
Serial Sovereign Defaults and Debt Restructurings
Author: Mr.Tamon AsonumaPublisher: International Monetary Fund
ISBN: 1475524692
Category : Business & Economics
Languages : en
Pages : 25
Book Description
Emerging countries that have defaulted on their debt repayment obligations in the past are more likely to default again in the future than are non-defaulters even with the same external debt-to-GDP ratio. These countries actually have repeated defaults or restructurings in short periods. This paper explains these stylized facts within a dynamic stochastic general equilibrium framework by explicitly modeling renegotiations between a defaulting country and its creditors. The quantitative analysis of the model reveals that the equilibrium probability of default for a given debt-to-GDP level is weakly increasing with the number of past defaults. The model also accords with an additional fact: lower recovery rates (high NPV haircuts) are associated with increases in spreads at renegotiation.
Defaults in the Federal Guaranteed Student Loan Programs
Author: United States. Congress. House. Committee on Education and Labor. Subcommittee on Postsecondary EducationPublisher:
ISBN:
Category : Default (Finance)
Languages : en
Pages : 408
Book Description
Beyond Defaults
Author: Defaults on FHA-insured Mortgages (Detroit).
Author: United States. Congress. House. Committee on Government Operations. Legal and Monetary Affairs SubcommitteePublisher:
ISBN:
Category : Mortgage guarantee insurance
Languages : en
Pages : 318
Book Description