书目名称 | The Age of Debt Bubbles |
副标题 | An Analysis of Debt |
编辑 | Max Rangeley |
视频video | |
概述 | Illustrates how the global economy has brought about a $300 trillion global debt bubble.Explains modern debt bubbles and how they form.Integrates both policy experience and academic perspectives |
丛书名称 | Professional Practice in Governance and Public Organizations |
图书封面 |  |
描述 | .This book illustrates how central bank policies such as zero percent interest rates have brought about a $300 trillion global debt bubble. The authors, both academics and policy-makers, offer first-hand insights into the economic and financial market mechanisms that have caused the debt bubbles of the past few decades, as well as the political economy that drives such policy-making...Written in an accessible style, the book illustrates how central banks responded to recessions by creating successively larger debt bubbles with lower and lower interest rates, thereby distorting the pricing mechanisms of credit markets and bringing about a series of credit expansions beginning in the early 1980s...This book brings together senior policy-makers from the world of politics and central banking who describe the negative effects of central bank policies of the last generation. The policy-makers include the former manager of the Monetary and Economic Department at the Bank for International Settlements (the central bank of central banks), the Vice President of the Austrian central bank, the former governor of the Spanish central bank and a former senior member of the European Parliament...T |
出版日期 | Book 2024 |
关键词 | Debt crises; Business cycles; Mises; Central banks; Debt bubbles; Zombie companies; Political economy; Mone |
版次 | 1 |
doi | https://doi.org/10.1007/978-3-031-66473-1 |
isbn_softcover | 978-3-031-66475-5 |
isbn_ebook | 978-3-031-66473-1Series ISSN 2731-9776 Series E-ISSN 2731-9784 |
issn_series | 2731-9776 |
copyright | The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerl |