Past cycles of sovereign lending and default suggest that debt crises will recur at some point. This book shows why investors should reckon with similar credit events in the future. Surveying the sovereign bond market, the author provides investors with a useful toolkit for analyzing sovereign...

Restructuring the balance sheets of Western governments, banks and households is an important issue in the recovery after the recent crisis. Chorafas' latest book focuses on sovereign debt, sovereign risk and the developing economic and financial business climate and explains why the year of the...

Written by a group of international experts, this book focuses on three interdependent themes: (a) origins and consequences of the current debt crisis; (b) the systemic nature of the crisis; (c) national and international policy efforts to avoid a global collapse and bring about lasting reforms...

This book argues that development is a comprehensive societal process with two key elements: economic restructuring and sociocultural transformation. While either of these elements alone can initiate change, a strong development plan needs to address both in order to succeed

This volume is a collection of papers on emerging concepts, approaches and ideas in information systems research. It examines theoretical and methodological issues related to both information systems development in general and the complexity of information systems as socio-technical systems. The...

Is 'development' passe? Is it merely a by-product or a 'trickle down' effect of economic growth, spurred by globalisation? Will poverty simply diminish with increased global markets? This state-of-the-art critical 'development' reader deals with these and other related questions. "Globalisation,...

This book identifies and addresses the impacts of the global financial crisis on Dubai and the region. The issues are highlighted and analyzed by a group of distinguished scholars. Specifically, discussions are focused on the following four interrelated issues: Why and how the financial crisis...

Die kommunale Verschuldung und die daraus resultierende Zinsbelastung nehmen stetig zu, so dass es einer Vorgehensweise bedarf, welche entweder die Zinslast senkt oder sie zumindest mit ihren Risiken transparent macht, wenn die Gemeinden langfristig handlungsfähig bleiben wollen. Johannes...

Chapter 1. Introduction -- Chapter 2. Public Debt Management: Reflections on Strategy & Structure -- Chapter 3. Cash Management System -- Chapter 4. Debt Management by Central Government -- Chapter 5. Financial Regulation and Public Debt Management -- Chapter 6. Cash and Debt Management in --...