Debts, Deficits and Dilemmas PDF Download

Author: Zanny Minton Beddoes
Publisher: Economist Books
ISBN: 9781781253786
Category : Debt
Languages : en
Pages : 0

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Author: Rudiger Dornbusch
Publisher: Mit Press
ISBN: 9780262040853
Category : Business & Economics
Languages : en
Pages : 240

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Book Description
This interesting and provocative collection of essays addresses most if not all of the key current policy issues in open economy macroeconomics: the strong dollar, LDC debt problems, and deficit financing. Although these three areas involve widely different policy problems, Dornbusch brings a common political economy perspective to bear on the issues, giving the essays a coherent perspective and revealing that more than ever, modern macroeconomics is useful as a framework for active policy. Professionals interested in the world economy and students of international finance will appreciate the author's strong analytical approach and the clear, cogent defense of his viewpoints. Three chapters in the book's first part, Exchange Rate Theory and the Overvalued Dollar, cover the rise in the dollar, equilibrium and disequilibrium exchange rates, and flexible exchange rates and interdependence. Those in the second part, The Debt Problems of Less Developed Countries, present three case studies in overborrowing, and discuss the world debt problem from 1980 to 1984 and beyond, and what we have learned from stabilization policy in developing countries. A concluding part, Europe's Problems of Growth and Budget Deficits, takes up public debt and fiscal responsibility, and sound currency and full employment. Rudiger Dornbusch is Ford International Professor of Economics at MIT. Dollars, Debts, and Deficits is based on three related lectures he gave in 1984 at the University of Leuven in the Gaston Eyskens Lecture Series. Dornbusch is the editor with Mario Henrique Simonsen of Inflation, Debt, and Indexation, available in paperback from The MIT Press.

Author: Peter Maunder
Publisher: Profile Books
ISBN: 1781254931
Category : Business & Economics
Languages : en
Pages : 59

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Book Description
In recent years economists have been re-examining their understanding of macroeconomics in the light of the global financial crisis that began in 2007-08. Did they really understand the problem of asset bubbles? Were they blind to the issues arising from financial innovation? Five years after the 2008 bankruptcy of Lehman Brothers, The Economist published a series of briefs on the financial crisis andits aftermath, which were later published as a book under the title Debts, Deficits and Dilemmas. This companion workbook, which is aimed at both economics students and their teachers, includes questions and exercises that students can work through - either on their own or through classroom debate - to help them gain a good understanding of the financial crisis and what has followed it.

Author: Harold A. Hovey
Publisher:
ISBN:
Category : Balance of payments
Languages : en
Pages : 100

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Author: Jacques S. Jaikaran
Publisher: Glenbridge Publishing Ltd.
ISBN: 9780944435137
Category : Business & Economics
Languages : en
Pages : 268

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Author: P. Lemieux
Publisher: Springer
ISBN: 1137313021
Category : Business & Economics
Languages : en
Pages : 338

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Book Description
The European public debt problem was in the making long before the 2007-2009 recession, as budget deficits had become endemic. A similar crisis is now developing in America, where the same fundamental causes have been at work. The Public Debt Problem analyzes the situation of public debts in America and reviews official forecasts for the federal government. The author carefully explains the main concepts (budget deficit, public debt, etc.) and analytical tools (discounting, government accounting, Treasury securities, bonds, yields, etc.) necessary to understand the issues.

Author: Siamack Shojai
Publisher: Bloomsbury Publishing USA
ISBN: 1567509312
Category : Political Science
Languages : en
Pages : 209

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Book Description
This edited collection is a critical evaluation of the impact of fiscal imbalances on the economy of industrialized and developing countries as prepared by a diverse group of scholars involved in advanced research on public finance. Technical issues, economic consequences and the political economy of budget deficits and government debt are covered in one succinct volume. The work provides a balanced presentation of neo-classical views on measures of government deficits; the budget process and major budgetary legislation in the United States; and the impact of deficits on economic activity, exchange rates, inflation, financial markets, trade balance, and economic growth. It also examines the political economy of government budgets in the OECD, select developing economies, and South Africa. From the 1950s to the 1980s, economic activity and growth were affected by fiscal imbalances and excessive government activity in many countries. Although many actors have made retrenchment attempts, economic research has not resolved the conflicting arguments about the impact of fiscal imbalances on the global economy. This book provides a balanced presentation of all major issues related to the impact of fiscal activity on the economy.

Author: Guillermo Calvo
Publisher: Springer
ISBN: 1349260770
Category : Business & Economics
Languages : en
Pages : 307

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Book Description
In all countries debt and deficits of the public sector are at the heart of economic policy debate. Debt and deficits pose major problems, all the more pressing in Europe because of the Maastricht criteria for entry into European Monetary Union. And in the developing world debt has been associated with major financial crises. This volume, arising from an International Economic Association conference at the Bundesbank, sees academics and policy makers debate the key issues and their implications in theory and practice.

Author:
Publisher:
ISBN:
Category : Budget deficits
Languages : en
Pages : 484

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Book Description

Author: Jamie Malone
Publisher:
ISBN: 9781536102697
Category : Business & Economics
Languages : en
Pages : 100

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Book Description
The federal government incurs a budget deficit (also known as a net deficit) when its total outgoing payments (outlays) exceed the total money it collects (revenues). If instead federal revenues are greater than outlays, then the federal government generates a surplus. Deficits are measured over the course of a defined period of time--in the case of the federal government, a fiscal year. Over time, persistent budget deficits can hamper economic growth. Federal debt, either publicly held or intragovernmental, is funded through private capital. In the absence of federal debt, a portion of such funding would likely have been used on private investment projects that could increase the future productive capabilities of the economy. Large or rapidly increasing debt levels could also make the economy more susceptible to a recession, although that dynamic has not manifested itself in the United States. This book explores distinctions in the concept and composition of deficits and debt, explains how these two measures interact, and discusses their possible effects on the economy. Furthermore, the book discusses the size of projected budget deficits; how much the deficit would need to be reduced to return to long-term sustainability; analyzes alternative time frames for reducing the deficit; and discusses broad policy choices for reducing the deficit.