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The causes of the recent sovereign debt crisis within the eurozone are examined from the perspective of the peculiar … sovereign debt crisis will only worsen, pushing the eurozone into a possible phase of debt-deflation. …
Persistent link: https://www.econbiz.de/10010612930
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This paper reviews trends in capital flows and capital-like flows such as official grants and remittances to low … across major regions, countries with differing commodity export composition, and countries with differing debt relief status …
Persistent link: https://www.econbiz.de/10005825777
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-science? Points out that Roscher, like his contemporaries, failed to anticipate the proliferation of war debt and other public debt …, consumer debt, corporate takeover financing and other non-productive uses of credit. Concludes by comparing Roscher's ideas …
Persistent link: https://www.econbiz.de/10005003277
This paper looks at the joint determination of international indebtedness and capital accumulation in a two …
Persistent link: https://www.econbiz.de/10005688228
Persistent link: https://www.econbiz.de/10005748882
In 2009, the value of France’s national economic wealth fell for the second year running, but at a slower rate than in 2008. The upturn in net financial wealth partly offset the more pronounced contraction in the value of non-financial wealth, which was essentially caused by weaker property...
Persistent link: https://www.econbiz.de/10009195479
developing regions have regained access to both debt and equity issuance, the pace of recovery of capital inflows has been … volatility in their capital flows. At the onset, all countries experienced sudden stops and increases in risk premia. Following … markets will experience significant surges in capital flows in the near future. This note examines potential policy responses …
Persistent link: https://www.econbiz.de/10008837684