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The ongoing financial and economic crisis throughout the industrialised world has spotlighted a number of significant deficiencies in corporate governance and management. The strength and composition of the management team along with effective corporate governance policy should play an important...
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Who are the dominant owners of US public debt? Is it widely held, or concentrated in the hands of a few? Does ownership of public debt give these bondholders power over our government? What do we make of the fact that foreign-owned debt has ballooned to nearly 50 percent today? Until now, we...
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those who receive interest payments on government bonds are distinct from those who pay the taxes that finance the interest … effects. Some claim that the public debt is heavily concentrated and that interest payments on government bonds redistribute … interest has become rapidly concentrated in the hands of dominant owners, the top 1% of households and the 2,500 largest …
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This essay deals with the relationship between stagflation and the process of restructuring. The literature dealing with the interaction of stagnation and inflation is invariably based on some explicit or implicit assumptions about economic structure, but there are very few writings which...
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