Global Waves of Debt

Global Waves of Debt

Author: M. Ayhan Kose

Publisher: World Bank Publications

Published: 2021-03-03

Total Pages: 403

ISBN-13: 1464815453

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The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.


Debt Swaps for Sustainable Development

Debt Swaps for Sustainable Development

Author: Dr. Jürgen Kaiser

Publisher: Iucn

Published: 1996

Total Pages: 76

ISBN-13:

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This publication is aimed at helping IUCN's members to understand the scope and mechanisms of debt conversion and to spot opportunities for their own action in this important field.


Sovereign Debt Restructurings 1950-2010

Sovereign Debt Restructurings 1950-2010

Author: Mr.Udaibir S. Das

Publisher: International Monetary Fund

Published: 2012-08-01

Total Pages: 128

ISBN-13: 1475505531

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This paper provides a comprehensive survey of pertinent issues on sovereign debt restructurings, based on a newly constructed database. This is the first complete dataset of sovereign restructuring cases, covering the six decades from 1950–2010; it includes 186 debt exchanges with foreign banks and bondholders, and 447 bilateral debt agreements with the Paris Club. We present new stylized facts on the outcome and process of debt restructurings, including on the size of haircuts, creditor participation, and legal aspects. In addition, the paper summarizes the relevant empirical literature, analyzes recent restructuring episodes, and discusses ongoing debates on crisis resolution mechanisms, credit default swaps, and the role of collective action clauses.


IMF Conditionality

IMF Conditionality

Author: John Williamson

Publisher: MIT Press (MA)

Published: 1983

Total Pages: 708

ISBN-13:

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The twenty-one contributions in this book assess the controversy surrounding the Fund and provide judgments about the criteria for Fund lending which should help readers understand and analyze both its ongoing role in smoothing adjustment to international payments imbalances and its currently critical position in responding to the debt crisis.


Children in the International Political Economy

Children in the International Political Economy

Author: G. Kent

Publisher: Springer

Published: 1995-09-13

Total Pages: 264

ISBN-13: 0230375537

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The first line of responsibility for children lies with their parents, but what if the parents fail to look after their children? Who else is involved, and what should they do? Children in the International Political Economy examines the moral responsibilities of different individuals and agencies towards children and argues that some responsibilities should be codified as concrete legal duties. If all else fails, children must look to the international community for help. Thus international agencies should recognize specific obligations to look after the well-being of children around the world.


Who's Got the Power?

Who's Got the Power?

Author: Lynn P. Freedman

Publisher: Earthscan

Published: 2005

Total Pages: 202

ISBN-13: 184407224X

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First Published in 2005. Routledge is an imprint of Taylor & Francis, an informa company.


Who's who in Economics

Who's who in Economics

Author: Mark Blaug

Publisher: Edward Elgar Publishing

Published: 1999

Total Pages: 1356

ISBN-13:

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This standard reference text is a guide to economists both past and present who have made a substantial contribution to the subject. It provides biographical, bibliographical and critical information on over 1000 living economists and approximately 500 deceased economists.


Against Global Apartheid

Against Global Apartheid

Author: Patrick Bond

Publisher: Palgrave Macmillan

Published: 2003

Total Pages: 356

ISBN-13: 9781842773932

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In 'Against Global Apartheid', Patrick Bond reveals the extent of the economic and human damage caused by policies implemented by World Bank and the IMF in developing countries, particularly South Africa, and argues that there is another way to more socially just economic development.