Author: United States. Dept. of the Treasury
Publisher:
ISBN:
Category :
Languages : en
Pages : 82
Book Description
Liquidation of the War Finance Corporation
Author: United States. Dept. of the Treasury
Publisher:
ISBN:
Category :
Languages : en
Pages : 82
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 82
Book Description
Liquidation of the War Finance Corporation
Author: United States. Department of the Treasury
Publisher:
ISBN:
Category :
Languages : en
Pages : 84
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 84
Book Description
Annual Report of the War Finance Corporation
Author: War Finance Corporation (U.S.)
Publisher:
ISBN:
Category : Agricultural credit
Languages : en
Pages : 40
Book Description
Publisher:
ISBN:
Category : Agricultural credit
Languages : en
Pages : 40
Book Description
The Liquidation of Government Debt
Author: Ms.Carmen Reinhart
Publisher: International Monetary Fund
ISBN: 1498338380
Category : Business & Economics
Languages : en
Pages : 47
Book Description
High public debt often produces the drama of default and restructuring. But debt is also reduced through financial repression, a tax on bondholders and savers via negative or belowmarket real interest rates. After WWII, capital controls and regulatory restrictions created a captive audience for government debt, limiting tax-base erosion. Financial repression is most successful in liquidating debt when accompanied by inflation. For the advanced economies, real interest rates were negative 1⁄2 of the time during 1945–1980. Average annual interest expense savings for a 12—country sample range from about 1 to 5 percent of GDP for the full 1945–1980 period. We suggest that, once again, financial repression may be part of the toolkit deployed to cope with the most recent surge in public debt in advanced economies.
Publisher: International Monetary Fund
ISBN: 1498338380
Category : Business & Economics
Languages : en
Pages : 47
Book Description
High public debt often produces the drama of default and restructuring. But debt is also reduced through financial repression, a tax on bondholders and savers via negative or belowmarket real interest rates. After WWII, capital controls and regulatory restrictions created a captive audience for government debt, limiting tax-base erosion. Financial repression is most successful in liquidating debt when accompanied by inflation. For the advanced economies, real interest rates were negative 1⁄2 of the time during 1945–1980. Average annual interest expense savings for a 12—country sample range from about 1 to 5 percent of GDP for the full 1945–1980 period. We suggest that, once again, financial repression may be part of the toolkit deployed to cope with the most recent surge in public debt in advanced economies.
Winding Up the Affairs of the War Finance Corporation ...
Author: United States. Congress. House. Committee on Banking and Currency
Publisher:
ISBN:
Category :
Languages : en
Pages : 16
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 16
Book Description
Annual Report of the Secretary of the Treasury on the State of the Finances for the Year ...
Author: United States. Department of the Treasury
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 528
Book Description
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 528
Book Description
Letter from the Secretary of the Treasury, Transmitting His Annual Report on the State of the Finances
Author: United States. Department of the Treasury
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 972
Book Description
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 972
Book Description
Report of the Secretary of the Treasury on the State of the Finances
Author: United States. Dept. of the Treasury
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 1430
Book Description
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 1430
Book Description
Guide to the Records in the National Archives
Author: National Archives (U.S.)
Publisher:
ISBN:
Category : Administrative agencies
Languages : en
Pages : 714
Book Description
Publisher:
ISBN:
Category : Administrative agencies
Languages : en
Pages : 714
Book Description
The War Finance Corporation: an Appraisal
Author: George Kenneth Whiteside
Publisher:
ISBN:
Category :
Languages : en
Pages : 400
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 400
Book Description