Name: The Next Economic Disaster: Why It's Coming and how to Avoid it (en Inglés)
Price: 500.44 MXN
Availability: InStock
Author: Vague, Richard
ISBN: 9780812247046

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portada The Next Economic Disaster: Why It's Coming and how to Avoid it (en Inglés)

Formato

Libro Físico

Autor

Richard Vague

Editorial

University of Pennsylvania Press

Año

2014

Idioma

Inglés

N° páginas

104

Encuadernación

Tapa Dura

Dimensiones

21.8 x 14.2 x 1.5 cm

Peso

0.29 kg.

ISBN13

9780812247046

Categorías

Las políticas del gobierno central
Economía política
Sectores económicos
Geografía económica

The Next Economic Disaster: Why It's Coming and how to Avoid it (en Inglés)

Richard Vague (Autor) · University of Pennsylvania Press · Tapa Dura

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Origen: Estados Unidos (Costos de importación incluídos en el precio)

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Reseña del libro "The Next Economic Disaster: Why It's Coming and how to Avoid it (en Inglés)"

Current debates about economic crises typically focus on the role that public debt and debt-fueled public spending play in economic growth. This illuminating and provocative work shows that it is the rapid expansion of private rather than public debt that constrains growth and sparks economic calamities like the financial crisis of 2008. Relying on the findings of a team of economists, credit expert Richard Vague argues that the Great Depression of the 1930s, the economic collapse of the past decade, and many other sharp downturns around the world were all preceded by a spike in privately held debt. Vague presents an algorithm for predicting crises and argues that China may soon face disaster. Since American debt levels have not declined significantly since 2008, Vague believes that economic growth in the United States will suffer unless banks embrace a policy of debt restructuring. All informed citizens, but especially those interested in economic policy and history, will want to contend with Vague's distressing arguments and evidence.