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Global debt dynamics: crises, lessons, governance
This comprehensive volume explores debt dynamics and the intensification of debt crises across the globe, bringing together several recent but underexplored debt crises from different regional and socioeconomic contexts. Using detailed case studies, the authors recast the perils of debt-based growth in the context of regional/global imbalances; not to advocate ‘one-size-fits-all’ reforms, but to point to the need for accommodating diversity. They examine how current economic developments put developing and developed countries under new strain. They also interrogate the opportunities and challenges generated for developing countries by the new development finance landscape and newly (re)emerged geopolitical tensions. The book also explores the inability of existing dominant structures and thinking to effectively manage the multiple facets of the ongoing global debt crisis, pointing to responses that exacerbate rather than address unsustainable debt dynamics. The authors illustrate the adverse effects of ad hoc crisis management mechanisms which are not fit for purpose, and indicate the negative consequences that existing policies may have for democracy. They then put forward a framework for alternative thinking as well as concrete ideas on what needs to be done, in response. This book will be of great interest to students, scholars and professionals in the field of global debt studies. It was originally published as a special issue of the online journal Third World Thematics. This book will be of great interest to students, scholars and professionals in the field of global debt studies.
History
Publication status
- Published
Publisher
RoutledgePages
160.0Place of publication
LondonISBN
9780367151935Series
ThirdWorldsDepartment affiliated with
- International Relations Publications
Research groups affiliated with
- Centre for Global Political Economy Publications
Notes
his is an edited book edited by Ugo Panizza, Andreas AntoniadesFull text available
- No
Peer reviewed?
- Yes
Editors
Ugo Panizza, Andreas AntoniadesLegacy Posted Date
2019-05-15Usage metrics
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