期刊全称 | A World of Public Debts | 期刊简称 | A Political History | 影响因子2023 | Nicolas Barreyre,Nicolas Delalande | 视频video | | 发行地址 | Illustrates that global public debt crises are always related to deep transformations in the relation (and boundaries) between states, markets, and polities.Offers a contribution to the debate on the | 学科分类 | Palgrave Studies in the History of Finance | 图书封面 |  | 影响因子 | .This book analyzes public debt from a political, historical, and global perspective. It demonstrates that public debt has been a defining feature in the construction of modern states, a main driver in the history of capitalism, and a potent geopolitical force. From revolutionary crisis to empire and the rise and fall of a post-war world order, the problem of debt has never been the sole purview of closed economic circles. This book offers a key to understanding the centrality of public debt today by revealing that political problems of public debt have and will continue to need a political response. ..Today’s tendency to consider public debt as a source of fragility or economic inefficiency misses the fact that, since the eighteenth century, public debts and capital markets have on many occasions been used by states to enforce their sovereignty and build their institutions, especially in times of war. It is nonetheless striking to observe that certain solutions that were used in the past to smooth out public debt crises (inflation, default, cancellation, or capital controls) were left out of the political framing of the recent crisis, therefore revealing how the balance of power | Pindex | Book 2020 |
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