Can I read Global Waves of Debt : Causes and Consequences on EtoBox?

Global Waves of Debt : Causes and Consequences by M. Ayhan Kose; Peter Nagle; Franziska Ohnsorge; Naotaka Sugawara; World Bank Publications is a nonfiction available to read on EtoBox.

What is Global Waves of Debt : Causes and Consequences about?

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.

Who reads Global Waves of Debt : Causes and Consequences?

Author

M. Ayhan Kose; Peter Nagle; Franziska Ohnsorge; Naotaka Sugawara; World Bank Publications

Publisher

World Bank Publications

Published

2020

Language

EN

ISBN

9781464815454

Category

nonfiction

Subjects

Economics, Business