Results 11 to 20 of about 1,670,315 (307)
CURRENT PROBLEMS OF PUBLIC DEBT AND SOVEREIGN DEFAULTS TO THE EU COUNTRIES
Today the threat of sovereign defaults is relevant and severe enough not only to developing but also to developed countries. In the first half of the 1980s, the global crisis of emerging markets external debt demonstrated for the first time that the debt
E. A. Zvonova
doaj +1 more source
DIPLOMACY, DEBT, AND CHANGE: THE INTERNATIONAL DEBT ARCHITECTURE AFTER THE COVID-19 PANDEMIC
The article argues that the response from the Group of Twenty (G20) and the Paris Club to the covid-19 pandemic in the field of sovereign debt marks a turning point in the international debt architecture.
Osvaldo Quirino de Souza Filho
doaj +1 more source
The paper reviews the area of the international financial architecture relating to sovereign crisis resolution. It is argued that shifting part of the burden of crisis resolution onto creditors may encourage debtor countries to take early action to ...
Curzio Giannini
doaj +1 more source
Euro Conditionality Hinges on Positive Convergence
The present cocktail of a bleak economic outlook combined with high inflation and rising interest rates has raised questions as to whether a new euro debt crisis might emerge.
Michala Marcussen
doaj +1 more source
FROM THE SUBPRIME TO THE SOVEREIGN CRISIS: WHY KEYNESIANISM DOES NOT WORK
This article analyzes the recent global economic crisis in the central capitalist economies from the viewpoint of Marxian political economy. In the first section, it examines the so-called sovereign crisis concerning the deepening
Makoto Itoh
doaj +1 more source
Public debt dynamics: the interaction with national income and fiscal policy
The 2008 financial crisis triggered the debt crisis in Europe. High debt-to-GDP ratios made it impossible for some countries to apply countercyclical policy in order to overcome the recession.
Vasileios Spyrakis, Stelios Kotsios
doaj +1 more source
The paper reviews the area of the international financial architecture relating to sovereign crisis resolution. It is argued that shifting part of the burden of crisis resolution onto creditors may encourage debtor countries to take early action to ...
Curzio Giannini
doaj +1 more source
Credit crunch: Chinese infrastructure lending and Lao sovereign debt
Lao PDR's push for large infrastructure‐led economic growth has been delivered through a significant amount of financial leverage and a build‐up of sovereign debt obligations. The government now finds itself in danger of a sovereign default. This article
Keith Barney, Kanya Souksakoun
doaj +1 more source
The Crisis of Functionalism and the Reform of European Economic Governance
This paper studies the impact of the sovereign debt crisis on the development of the process of European integration and the constitutional framework of the EU.
Luca Lionello
doaj +1 more source
Limitations of the government budget constraint: Users vs. issuers of the currency [PDF]
The financial crisis and ensuing economic meltdown has led to sharp increases in the deficits and debt levels of many advanced economies. The run-up in public sector indebtedness helped to restore private sector balance sheets, laying the foundation ...
Kelton Stephanie
doaj +1 more source

