Carmen M.; Sbrancia, M. Belen - Peter G. Peterson Institute for International Economics … - 2011
public and private debts. A subtle type of debt restructuring takes the form of "financial repression." Financial repression … the financial repression era. In the heavily regulated financial markets of the Bretton Woods system, several restrictions … of government debt. Thus, financial repression is most successful in liquidating debts when accompanied by a steady dose …