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The Sovereign Debt Crisis

Placing a Curb on Growth

second edition

Anton Brender (author) Florence Pisani (author)
Emile Gagna (author)

ISBN: 9789461383372

Publication Date: Oct 2013

Format: Paperback

The 2012 edition of The Sovereign Debt Crisis looked at how governments ran up deficits in order to avert a worldwide depression and their subsequent attempts to rebalance their budgets. This updated edition concentrates on the delicate balancing act the economies of the US, Japan, and the eurozone face between the present need to boost sluggish economic growth and the longer-term challenges of cutting massive debt and returning to a sustainable fiscal policy.
£23.95

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The Sovereign Debt Crisis , 2012 edition, looked at how governments ran up substantial deficits in order to avert a worldwide depression and their subsequent attempts to rebalance their budgets. This updated edition concentrates on the delicate balancing act the economies of the United States, Japan, and the eurozone face between the present need to boost sluggish economic growth by providing sufficiently cheap, low-risk credit and the longer-term challenges of cutting massive debt and returning to a sustainable fiscal policy. The authors argue that many of the euro area economies, having noticeable difficulty paying their international debts, are in a sovereign debt crisis, while America and Japan are, for now, holding steady but in real danger of slipping into crisis. The book shows how the process has evolved in these three major developed economies and how their policy choices impact global financial markets.
Language English
Pages 136
Dimensions 241 x 171
Date Published 30 Oct 2013
Publisher Centre for European Policy Studies
Subject/s Economics   Financial crises & disasters   Economic theory & philosophy   International economics   Development economics   Economic growth  
Anton Brender , Florence Pisani , and Emile Gagna are economists with Dexia Asset Management. Anton Brender and Florence Pisani teach at Paris-Dauphine University, France.

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