What We Owe : Truths, Myths, and Lies about Public Debt /

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The euro crisis, Japan's sluggish economy, and partisan disagreements in the United States about the role of government all have at least one thing in common: worries about high levels of public debt. Nearly everyone agrees that public debt in many advanced economies is too high to be sustainab...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Cottarelli, Carlo (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Baltimore, Maryland : Project Muse, 2017
Colección:Book collections on Project MUSE.
Temas:
Debts, Public.
Electronic books.
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Introduction
  • part I. The public debt problem
  • 1. What is public debt?
  • 2. The surge in public debt
  • 3. How high public debt can cause a financial crisis
  • 4. How high public debt can reduce economic growth
  • 5. Public debt, moral imperatives, and politics
  • 6. A pause to recap
  • part II. The shortcuts
  • 7. Printing money
  • 8. First case study : should European countries leave the euro zone?
  • 9. Financial repression
  • 10. Default
  • 11. Second case study : the Greek crisis
  • 12. Debt mutualization
  • 13. Privatization
  • part III. The main road
  • 14. Economic growth
  • 15. A bit of austerity
  • 16. Institutional fiscal constraints
  • Conclusion : the unbearable lightness of public debt.

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