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 Public Debt of the United States written by Robert Morris and published by . This book was released on 1867 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Public Debt of the United States written by James Sloan Gibbons and published by . This book was released on 1970 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Thoughts on the liquidation of the Public Debt and on the relief of the Country from the distress incident to a population exceeding the demand for labour written by Richard Heathfield and published by . This book was released on 1829 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Public Debt of the United States written by James Sloan Gibbons and published by . This book was released on 1867 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Public Debt of the United States Its Organization Its Liquidation Etc written by J. S. GIBBONS and published by . This book was released on 1867 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Elements of a plan for the liquidation of the public debt of the United Kingdom written by Richard Heathfield and published by . This book was released on 1819 with total page 44 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 Guidelines for Public Debt Management Amended written by International Monetary Fund and published by International Monetary Fund. This book was released on 2003-09-12 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: NULL

Download or read book The History and Control of National Debts with Special Reference to the Methods of Their Liquidation written by Jan Hendrik Hofmeyr and published by . This book was released on 1918 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Public Debt Through the Ages written by Mr.Barry J. Eichengreen and published by International Monetary Fund. This book was released on 2019-01-15 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: We consider public debt from a long-term historical perspective, showing how the purposes for which governments borrow have evolved over time. Periods when debt-to-GDP ratios rose explosively as a result of wars, depressions and financial crises also have a long history. Many of these episodes resulted in debt-management problems resolved through debasements and restructurings. Less widely appreciated are successful debt consolidation episodes, instances in which governments inheriting heavy debts ran primary surpluses for long periods in order to reduce those burdens to sustainable levels. We analyze the economic and political circumstances that made these successful debt consolidation episodes possible.

Download or read book Suggestions for the Liquidation of the National Debt New edition written by William Kingdom and published by . This book was released on 1866 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Further Observations on the Practicability and Expediency of Liquidating the Public Debt of the United Kingdom with Reference Particularly to the Landed Proprietor With Addenda written by Richard Heathfield and published by . This book was released on 1820 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Public Debt of the United States written by James S. Gibbons and published by . This book was released on 1970 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Elements of a plan for the liquidation of the Public Debt of the United Kingdom With an introductory discourse written by Richard Heathfield and published by . This book was released on 1819 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Proposal for the Partial Liquidation of the Public Debt of the United Kingdom written by Author of A proposal for the relief of the nation from fourteen millions of duties of customs and excise and published by . This book was released on 1850 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Managing the Sovereign Bank Nexus written by Mr.Giovanni Dell'Ariccia and published by International Monetary Fund. This book was released on 2018-09-07 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews empirical and theoretical work on the links between banks and their governments (the bank-sovereign nexus). How significant is this nexus? What do we know about it? To what extent is it a source of concern? What is the role of policy intervention? The paper concludes with a review of recent policy proposals.