Martin (Hrsg.) Guzman

Too Little, Too Late

The Quest to Resolve Sovereign Debt Crises

Buch

The current approach to resolving sovereign debt crises does not work: sovereign debt restructurings come too late and do too little. Though they impose enormous costs on societies, these restructurings are often not deep enough to provide the conditions for economic recovery. A fresh start for distressed debtors is a basic principle of a well-functioning market economy, yet there is no international bankruptcy framework for sovereign debts. While this problem is not new, the United Nations and the global community are now willing to do something about it. Providing guidance for those who intend to take up reform, this book assesses the relat… Mehr

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Produktdetails

Weitere Autoren: Ocampo, Jose Antonio (Hrsg.) / Stiglitz, Joseph E. (Hrsg.)

ISBN: 978-0-231-17926-3
EAN: 9780231179263
Produktnummer: 19199938
Verlag: Columbia University Press
Sprache: Englisch
Erscheinungsjahr: 2016
Seitenangabe: 312 S.
Masse: H16.3 cm x B23.6 cm x D3.1 cm 564 g
Abbildungen: 13 b&w illustrations
Gewicht: 564
Sonstiges: Professional & Vocational

Über den Autor

Martin Guzman is a postdoctoral research fellow at Columbia University and an associate professor at the University of Buenos Aires. José Antonio Ocampo is a professor at Columbia University and chair of the United Nations Economic and Social Council's Committee for Development Policy. Joseph E. Stiglitz is an American economist and a professor at Columbia University. He is a recipient of the Nobel Memorial Prize in Economic Sciences and the John Bates Clark Medal.