Results 261 to 270 of about 126,559 (311)
Some of the next articles are maybe not open access.
The Unfolding Sovereign Debt Crisis
Current History, 2023Following the 2008 global financial crisis, years of low interest rates provided a rare opportunity for many developing nations to borrow in international markets—whether issuing bonds in their own currencies, securing loans from private-sector banks and commodity traders, or borrowing from China, which emerged as a dominant official creditor ...
Layna Mosley, B. Peter Rosendorff
openaire +1 more source
2013
The global credit crisis has forced governments to bail out their financial systems and pursue easy fiscal policy, in some cases with a prodigious stimulus, to alleviate the recession (see Karakitsos, 2012). As a result, governments in many advanced economies have become over-indebted, thereby threatening the global financial system and posing the risk
Philip Arestis, Elias Karakitsos
openaire +2 more sources
The global credit crisis has forced governments to bail out their financial systems and pursue easy fiscal policy, in some cases with a prodigious stimulus, to alleviate the recession (see Karakitsos, 2012). As a result, governments in many advanced economies have become over-indebted, thereby threatening the global financial system and posing the risk
Philip Arestis, Elias Karakitsos
openaire +2 more sources
Sovereign Debt Crisis: Euro-Reality
2017In the domestic credit market creditor and debtor rights are clearly defined. In contrast, sovereign debt repayment is largely contingent on the debtor government's willingness to repay as enforcement of contracts at the international level is limited.
Horvath, Julius +1 more
openaire +1 more source
Credit Supply During a Sovereign Debt Crisis [PDF]
SSRN Electronic Journal, 2013 We study the effect of the increase in Italian sovereign debt risk on credit supply on a sample of 670,000 bank-firm relationships between December 2010 and December 2011, drawn from the Italian Central Credit Register. To identify a causal link, we exploit the lower impact of sovereign risk on foreign banks operating in Italy than on domestic banks ...
Marcello Bofondi +2 more
openaire +1 more source
Eurozone Sovereign Debt Crisis
SSRN Electronic Journal, 2011The eurozone, composed of 17 countries which have adopted the euro as their currency, has been struggling with an apparently-intractable crisis over the enormous debts faced by its weakest economies and by countries impacted by the bursting of the housing boom in the past global recession of 2007-09.
openaire +1 more source
Survival, 2012
The Italian story shows what happens when changes in market confidence outpace politics. Unless market participants will benefit more by staying in the game, what happened to Italy will happen elsewhere.
openaire +1 more source
The Italian story shows what happens when changes in market confidence outpace politics. Unless market participants will benefit more by staying in the game, what happened to Italy will happen elsewhere.
openaire +1 more source
The Irish Sovereign Debt Crisis
2015From August 2010, financial markets’ concerns about the creditworthiness of the Irish sovereign increased significantly, due to large contingent liabilities from bank bail-outs and guarantees, as well as the direct impact on public finances of the real-estate collapse and deep economic recession.
openaire +2 more sources
The Euro Zone and the Sovereign Debt Crisis
SSRN Electronic Journal, 2017In January 2011, during the World Economic Forum's annual meeting in Davos, Switzerland, Jason Sterling, a hedge fund manager, was conducting online research to see if he could trade on any newsworthy information emerging from the summit. Sterling's fund traded primarily in sovereign debt, and he needed to figure out if European leaders would be able ...
George (Yiorgos) Allayannis, Adam Risell
openaire +1 more source
Ireland’s Sovereign Debt Crisis
2011Among the countries currently experiencing sovereign debt crises, Ireland’s case is perhaps the most dramatic. As recently as 2007, Ireland was seen by many as top of the European class in its economic achievements. Ireland had combined a long period of high economic growth and low unemployment with budget surpluses.
openaire +2 more sources
The Unfolding Sovereign Debt Crisis
World Economics Journal, 2010After the excessive expansion of new forms of private sector credit over two decades of disinflation, a huge pyramid of global liquidity was accumulated. That sparked a boom in asset prices (stocks, bonds and real estate) way beyond anything experienced in the growth of production, investment or consumption.
openaire +1 more source