Why Not Default?: The Political Economy of Sovereign Debt, Paperback/Jerome E. Roos

Descriere YEO:

Why Not Default?: The Political - Disponibil la elefant.ro

Pe YEO găsești Why Not Default?: The Political de la Princeton University Press, în categoria Foreign Books.

Indiferent de nevoile tale, Why Not Default?: The Political Economy of Sovereign Debt, Paperback/Jerome E. Roos din categoria Foreign Books îți poate aduce un echilibru perfect între calitate și preț, cu avantaje practice și moderne.

Preț: 159.99 Lei

Caracteristicile produsului Why Not Default?: The Political

• Brand: Princeton University Press
• Categoria: Foreign Books
• Magazin: elefant.ro
• Ultima actualizare: 10-12-2024 01:49:42

Comandă Why Not Default?: The Political Online, Simplu și Rapid

Prin intermediul platformei YEO, poți comanda Why Not Default?: The Political de la elefant.ro rapid și în siguranță. Bucură-te de o experiență de cumpărături online optimizată și descoperă cele mai bune oferte actualizate constant.

Descriere magazin:
How creditors came to wield unprecedented power over heavily indebted countries-and the dangers this poses to democracy The European debt crisis has rekindled long-standing debates about the power of finance and the fraught relationship between capitalism and democracy in a globalized world. Why Not Default? unravels a striking puzzle at the heart of these debates-why, despite frequent crises and the immense costs of repayment, do so many heavily indebted countries continue to service their international debts? In this compelling and incisive book, Jerome Roos provides a sweeping investigation of the political economy of sovereign debt and international crisis management. He takes readers from the rise of public borrowing in the Italian city-states to the gunboat diplomacy of the imperialist era and the wave of sovereign defaults during the Great Depression. He vividly describes the debt crises of developing countries in the 1980s and 1990s and sheds new light on the recent turmoil inside the Eurozone-including the dramatic capitulation of Greece\'s short-lived anti-austerity government to its European creditors in 2015. Drawing on in-depth case studies of contemporary debt crises in Mexico, Argentina, and Greece, Why Not Default? paints a disconcerting picture of the ascendancy of global finance. This important book shows how the profound transformation of the capitalist world economy over the past four decades has endowed private and official creditors with unprecedented structural power over heavily indebted borrowers, enabling them to impose painful austerity measures and enforce uninterrupted debt service during times of crisis-with devastating social consequences and far-reaching implications for democracy. About author(s): Jerome Roos is an LSE Fellow in International Political Economy at the London School of Economics. He regularly provides commentary on world politics and current affairs for various international media.