In defense of public debt

Public debts have exploded to levels unprecedented in recent history as governments responded to the Covid-19 pandemic and economic crisis. Their dramatic rise has prompted apocalyptic warnings about the dangers of heavy debts - about the drag they will place on economic growth and the burden they r...

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Bibliographische Detailangaben
Hauptverfasser: Eichengreen, Barry 1952- (VerfasserIn), ElGanainy, Asmaa Adel (VerfasserIn), Esteves, Rui Pedro (VerfasserIn), Mitchener, Kris (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: New York, NY Oxford University Press [2021]
© 2021
Schlagworte:
Online-Zugang:DE-703
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Inhaltsangabe:
  • cover
  • ADVANCE PRAISE FOR In Defense of Public Debt
  • In Defense of Public Debt
  • Copyright
  • Contents
  • 1. Introduction
  • 2. Debt in Service of the State
  • 3. States and the Limits of Borrowing
  • 4. Democratization and Globalization
  • 5. Caveat Emptor
  • 6. Managing Problem Debts
  • 7. Successful Consolidation
  • 8. Warfare to Welfare
  • 9. Cycles of Debt
  • 10. Oil and Water
  • 11. Missed Opportunities
  • 12. Debt to the Rescue
  • 13. COVID-​19
  • 14. Conclusion
  • Acknowledgments
  • Notes
  • References
  • InDex