Download or read book The Polish Debt Crisis of 1981 82 written by Karin Lissakers and published by Georgetown University, School of Foreign Service. This book was released on 1994-01-01 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Polish Debt Crisis written by United States. Congress. Senate. Committee on Appropriations. Subcommittee on Foreign Operations and published by . This book was released on 1983 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Global Waves of Debt written by M. Ayhan Kose and published by World Bank Publications. This book was released on 2021-03-03 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.
Download or read book The Liquidation of Government Debt written by Ms.Carmen Reinhart and published by International Monetary Fund. This book was released on 2015-01-21 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: High public debt often produces the drama of default and restructuring. But debt is also reduced through financial repression, a tax on bondholders and savers via negative or belowmarket real interest rates. After WWII, capital controls and regulatory restrictions created a captive audience for government debt, limiting tax-base erosion. Financial repression is most successful in liquidating debt when accompanied by inflation. For the advanced economies, real interest rates were negative 1⁄2 of the time during 1945–1980. Average annual interest expense savings for a 12—country sample range from about 1 to 5 percent of GDP for the full 1945–1980 period. We suggest that, once again, financial repression may be part of the toolkit deployed to cope with the most recent surge in public debt in advanced economies.
Download or read book The Polish Crisis and Relations with Eastern Europe 1979 1982 written by Isabelle Tombs and published by Taylor & Francis. This book was released on 2017-03-16 with total page 527 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents a collection of diplomatic documents describing Britain’s relations with Eastern Europe from 1979 to 1982, with special focus on the crisis in Poland. After coming to power in 1979, the Conservative Government of Margaret Thatcher reaffirmed a policy of ‘differentiation’ between the Soviet Union and the rest of Eastern Europe, and between individual countries; concurrently it encouraged states to exercise a limited amount of independence. This policy was soon put to the test when in 1980 Solidarność, the Solidarity trade union led by Lech Wałęsa, challenged the power of the Party state in Poland. Political demands, social unrest and economic crisis culminated in the imposition of martial law in December 1981, finally suspended in December 1982. The volume maps the UK response, in consultation with Western partners, to the unfolding crisis in Poland, the threat of Soviet intervention and the impact on other Communist states in Europe. The volume also provides a flavour of bilateral UK relations with Albania, Bulgaria, Czechoslovakia, the German Democratic Republic, Hungary, Romania and Yugoslavia; highlighting themes such as human rights and trade. This volume will be of great interest to students of British Politics, Eastern European Politics, Cold War History, Diplomacy Studies and International Relations in general.
Download or read book The United States Western Europe and the Polish Crisis written by H. Sjursen and published by Springer. This book was released on 2002-12-10 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the response of the Western Alliance to the Polish Crisis (1980-83). The author analyses the different views of Europe and the United States regarding enforcement in East-West relations and the opposition in Western Europe to the American approach. This case exemplifies the lasting differences in attitude within the Western Alliance.
Download or read book Prevention and Resolution of Sovereign Debt Crises written by Ms.Julianne Ams and published by INTERNATIONAL MONETARY FUND. This book was released on 2018-09-13 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: “The IMF’s Role in the Prevention and Resolution of Sovereign Debt Crises” provides a guided narrative to the IMF’s policy papers on sovereign debt produced over the last 40 years. The papers are divided into chapters, tracking four historical phases: the 1980s debt crisis; the Mexican crisis and the design of policies to ensure adequate private sector involvement (“creditor bail-in”); the Argentine crisis and the search for a durable crisis resolution framework; and finally, the global financial crisis, the Eurozone crisis, and their aftermaths.
Download or read book This Time Is Different written by Carmen M. Reinhart and published by Princeton University Press. This book was released on 2011-08-07 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: An empirical investigation of financial crises during the last 800 years.
Download or read book Soviet and American Signalling in the Polish Crisis written by T. Cynkin and published by Springer. This book was released on 1988-06-18 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Polish Economic Crisis written by Batara Simatupang and published by Routledge. This book was released on 1993-11-11 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: Simatupang examines the circumstances that led to the revolution of 1989, primarily the economic slump of the 1980s and the severe recession that preceeded it, and its effects on the Polish people.
Download or read book Sovereign Debt Restructurings 1950 2010 written by Mr.Udaibir S. Das and published by International Monetary Fund. This book was released on 2012-08-01 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides a comprehensive survey of pertinent issues on sovereign debt restructurings, based on a newly constructed database. This is the first complete dataset of sovereign restructuring cases, covering the six decades from 1950–2010; it includes 186 debt exchanges with foreign banks and bondholders, and 447 bilateral debt agreements with the Paris Club. We present new stylized facts on the outcome and process of debt restructurings, including on the size of haircuts, creditor participation, and legal aspects. In addition, the paper summarizes the relevant empirical literature, analyzes recent restructuring episodes, and discusses ongoing debates on crisis resolution mechanisms, credit default swaps, and the role of collective action clauses.
Download or read book From Solidarity to Martial Law written by Andrzej Paczkowski and published by . This book was released on 2007-01-10 with total page 608 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents 95 documents on the months between Au. 1980 when Solidarity was founded and Dec. 1981 when Polish authorities declared martial law and crushed the opposition movement.
Download or read book From Solidarity to Martial Law written by Andrzej Paczkowski and published by Central European University Press. This book was released on 2007-01-01 with total page 604 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents 95 documents on the months between Au. 1980 when Solidarity was founded and Dec. 1981 when Polish authorities declared martial law and crushed the opposition movement.
Download or read book International Macroeconomics in the Wake of the Global Financial Crisis written by Laurent Ferrara and published by Springer. This book was released on 2018-06-13 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book collects selected articles addressing several currently debated issues in the field of international macroeconomics. They focus on the role of the central banks in the debate on how to come to terms with the long-term decline in productivity growth, insufficient aggregate demand, high economic uncertainty and growing inequalities following the global financial crisis. Central banks are of considerable importance in this debate since understanding the sluggishness of the recovery process as well as its implications for the natural interest rate are key to assessing output gaps and the monetary policy stance. The authors argue that a more dynamic domestic and external aggregate demand helps to raise the inflation rate, easing the constraint deriving from the zero lower bound and allowing monetary policy to depart from its current ultra-accommodative position. Beyond macroeconomic factors, the book also discusses a supportive financial environment as a precondition for the rebound of global economic activity, stressing that understanding capital flows is a prerequisite for economic-policy decisions.
Download or read book Global Monetary Governance written by Benjamin J. Cohen and published by Routledge. This book was released on 2007-12-06 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: Benjamin J. Cohen has been one of the most original and influential writers on international political economy. This book provides an overview of his contribution to the field, grouped around the central theme of global monetary governance. The book is divided into three sections: challenges to systemic governance - examines the challenge of governance of the international monetary system looking at such crucial issues as monetary reform, the growth of capital markets and financial globalization dealing with financial crisis – looks at efforts to deal effectively with financial crises, analyzing the relationships between governments and banks in the management of international debt problems and the case for capital controls. There are case studies of the Asian financial crisis and several other key instances of instability in world markets the new geography of money – analyzes the crisis of legitimacy created by a global system where governing authority is exercised now more by market forces than by sovereign states. It explores the geopolitical implications of the competition between the two most widely used currencies in the world today, the US dollar and the Euro and spells out the main implications for policy makers. The concluding chapters evaluate the merits and prospects for the two most widely discussed policy alternatives available to governments responsible for the world’s many less competitive currencies – dollarization or monetary union.
Download or read book The Flight of International Capital written by Brendan Brown and published by Routledge. This book was released on 2013-09-13 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: First Published in 1988. Routledge is an imprint of Taylor & Francis, an informa company.
Download or read book Situation and Outlook Report written by and published by . This book was released on 1986 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:
