long-term economic operations, debt risks and financial risks with regard to the institutional and structural … debt, welfare reform, and the financial opening-up and stability - and explores corresponding policies, measures, and …

This book proposes a method for calculating China’s debt based on a quantitative econometric analysis. This is … conducted by measuring the relationship between China’s debt size and economic growth. The conclusion that is reached is as … follows: China’s current debt has already exceeded the inflection point, and that means that it is now having an adverse …

expansions in the small Euro-area open economies affected by high public and private debt. It is shown that the macroeconomic … outcome of fiscal shocks is strongly related to debt levels. The Euro-area countries included in the investigation are Greece … Debt Euro Area Countries -- 5 A Further Look To Macroeconomic Outcomes of Fiscal Austerity in High Debt Countries -- 6 Can …

At the turn of this century, the American national debt stood at just under $6 trillion and the deficit at a "mere" $86 … billion. Today, the national debt has topped $15 trillion, and the yearly deficit for 2012 is projected at a whopping $1 … adding a new chapter on how global economies now, for better or worse, affect the U.S. debt and the annual budget deficit. It …

of Chinese households’ demographics, housing and financial assets, debt and credit constraints, income and expenditures …

The Dynamics of Currency Crises -- The Mispricing of Debt - Influences of Ratings on Coordination -- Probability of … investors and the pricing of debt. In the third essay the author uses forecasts of default probabilities and implied market … Mispricing of Debt - Influences of Ratings on Coordination • Probability of Default and Precision of Information Target Groups …

This volume comprises studies by leading research scholars in the United States and Asia on Asia's debt capital markets …Comprises studies by scholars in the United States and Asia on Asia's debt capital markets. This book assesses the …

The financial crisis is destroying wealth but is also a remarkable opportunity to uncover the ways by which debt can be …