924 resultados para Debt relief
Resumo:
To ward off the threat of a worldwide depression that loomed at the end of the 2000s, governments opted to run up substantial fiscal deficits. In doing so, they sowed the seeds of the sovereign debt crisis. Saddled with often high debt burdens and modest growth prospects, developed countries’ governments must now rebalance their budgets. Doing so too rapidly, however, will choke growth. Faced with this dilemma, Japan and the United States have pursued growth policies while the euro area members are quickly trying to rebalance their budgets. This book explores the respective risks associated with these two strategies. It further investigates the consequences for the international monetary and financial system of developing countries’ public debts ceasing to be risk-free.
Resumo:
??
Resumo:
On the morning after the momentous vote in Scotland, Michael Emerson also breathes a deep sigh of relief that the nightmare scenario of secession will not unfold and expresses his hope that Brussels can now return to its own business, with its renewed leadership feeling a bit encouraged to go about their burdensome agenda with more confidence.
