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Author : Sebastian Edwards
Publisher : Princeton University Press
Page : 288 pages
File Size : 44,5 Mb
Release : 2019-09-10
Category : Business & Economics
ISBN : 9780691196046
The untold story of how FDR did the unthinkable to save the American economy.
Author : Oregon. Office of the Secretary of State
Publisher : Unknown
Page : 388 pages
File Size : 44,7 Mb
Release : 1979
Category : Oregon
ISBN : MINN:31951D028870795
Author : Ivan Musicant
Publisher : Henry Holt and Company
Page : 768 pages
File Size : 47,9 Mb
Release : 1998-02-15
Category : History
ISBN : 0805035001
The definitive version of the Spanish-American War as well as a dramatic account of America's emergence as a global power.
Author : Mark Aguiar,Manuel Amador
Publisher : Princeton University Press
Page : 200 pages
File Size : 54,8 Mb
Release : 2023-09-26
Category : Business & Economics
ISBN : 9780691231433
An integrated approach to the economics of sovereign default Fiscal crises and sovereign default repeatedly threaten the stability and growth of economies around the world. Mark Aguiar and Manuel Amador provide a unified and tractable theoretical framework that elucidates the key economics behind sovereign debt markets, shedding light on the frictions and inefficiencies that prevent the smooth functioning of these markets, and proposing sensible approaches to sovereign debt management. The Economics of Sovereign Debt and Default looks at the core friction unique to sovereign debt—the lack of strong legal enforcement—and goes on to examine additional frictions such as deadweight costs of default, vulnerability to runs, the incentive to “dilute” existing creditors, and sovereign debt’s distortion of investment and growth. The book uses the tractable framework to isolate how each additional friction affects the equilibrium outcome, and illustrates its counterpart using state-of-the-art computational modeling. The novel approach presented here contrasts the outcome of a constrained efficient allocation—one chosen to maximize the joint surplus of creditors and government—with the competitive equilibrium outcome. This allows for a clear analysis of the extent to which equilibrium prices efficiently guide the government’s debt and default decisions, and of what drives divergences with the efficient outcome. Providing an integrated approach to sovereign debt and default, this incisive and authoritative book is an ideal resource for researchers and graduate students interested in this important topic.
Author : David Shephard Garland,Lucius Polk McGehee,James Cockcroft
Publisher : Unknown
Page : 1050 pages
File Size : 43,6 Mb
Release : 1898
Category : Law
ISBN : MINN:31951D026097549
Author : U. S. Customs and Border Protection
Publisher : Unknown
Page : 0 pages
File Size : 44,5 Mb
Release : 2015-10-12
Category : Education
ISBN : 1304100065
Explains process of importing goods into the U.S., including informed compliance, invoices, duty assessments, classification and value, marking requirements, etc.
Author : Jerome E. Roos
Publisher : Princeton University Press
Page : 398 pages
File Size : 53,6 Mb
Release : 2019-02-12
Category : Business & Economics
ISBN : 9780691184937
How creditors came to wield unprecedented power over heavily indebted countries—and the dangers this poses to democracy The European debt crisis has rekindled long-standing debates about the power of finance and the fraught relationship between capitalism and democracy in a globalized world. Why Not Default? unravels a striking puzzle at the heart of these debates—why, despite frequent crises and the immense costs of repayment, do so many heavily indebted countries continue to service their international debts? In this compelling and incisive book, Jerome Roos provides a sweeping investigation of the political economy of sovereign debt and international crisis management. He takes readers from the rise of public borrowing in the Italian city-states to the gunboat diplomacy of the imperialist era and the wave of sovereign defaults during the Great Depression. He vividly describes the debt crises of developing countries in the 1980s and 1990s and sheds new light on the recent turmoil inside the Eurozone—including the dramatic capitulation of Greece’s short-lived anti-austerity government to its European creditors in 2015. Drawing on in-depth case studies of contemporary debt crises in Mexico, Argentina, and Greece, Why Not Default? paints a disconcerting picture of the ascendancy of global finance. This important book shows how the profound transformation of the capitalist world economy over the past four decades has endowed private and official creditors with unprecedented structural power over heavily indebted borrowers, enabling them to impose painful austerity measures and enforce uninterrupted debt service during times of crisis—with devastating social consequences and far-reaching implications for democracy.
Author : Anonim
Publisher : Unknown
Page : 2678 pages
File Size : 48,5 Mb
Release : 1897
Category : Law reports, digests, etc
ISBN : CORNELL:31924066056031
Author : John Ward
Publisher : Psychology Press
Page : 196 pages
File Size : 49,8 Mb
Release : 2004
Category : Business & Economics
ISBN : 0415318238
Provides an introduction to the economic and political history of the region in the last half century.
Author : Congressional Research Congressional Research Service,Andrew Austin
Publisher : Unknown
Page : 26 pages
File Size : 43,6 Mb
Release : 2019-11-17
Category : Electronic
ISBN : 170904845X
During recent debt limit episodes, federal officials have contended that if the debt limit were to constrain the government's ability to meet its obligations, that would be an unprecedented blemish on the nation's credit. For example, the U.S. Treasury has asserted that "(f)ailing to increase the debt limit would have catastrophic economic consequences. It would cause the government to default on its legal obligations" or that it "would represent an irresponsible retreat from a core American value: we are a nation that honors all of its commitments. It would cause the government to default on its legal obligations." Failure to pay obligations on time is regarded as a central indicator of default, although default may be triggered by a wide range of contractual provisions. More generally, the concept of default stems from contract law, and thus may be ambiguous because contract terms may be private or contracts may be incomplete, in that the consequences of some contingencies are left unspecified. For instance, the terms under which Treasury securities are offered lack any mention of payment delays or nonpayment. The ambiguity of the term "default" leads many third parties to develop their own definitions to monitor compliance with promises to pay. The U.S. Treasury in some historical instances was unable to pay all its obligations on time or made payments on terms that disappointed creditors. Those instances resulted from extraordinary stresses on public finances. Over time, the United States has managed its finances so that its credit history compares favorably to nearly all other advanced countries.
Author : U.S. Citizenship and Immigration Services
Publisher : Government Printing Office
Page : 36 pages
File Size : 45,5 Mb
Release : 2009
Category : Juvenile Nonfiction
ISBN : 0160831180
"Learn About the United States" is intended to help permanent residents gain a deeper understanding of U.S. history and government as they prepare to become citizens. The product presents 96 short lessons, based on the sample questions from which the civics portion of the naturalization test is drawn. An audio CD that allows students to listen to the questions, answers, and civics lessons read aloud is also included. For immigrants preparing to naturalize, the chance to learn more about the history and government of the United States will make their journey toward citizenship a more meaningful one.
Author : Thomas A. Durkin,Gregory Elliehausen,Michael E. Staten,Todd J. Zywicki
Publisher : Financial Management Associati
Page : 737 pages
File Size : 50,8 Mb
Release : 2014
Category : Business & Economics
ISBN : 9780195169928
This article provides an introduction to a law review symposium by the Journal of Law, Economics, and Policy on our book (co-authored with Michael E. Staten), Consumer Credit and the American Economy (Oxford 2014). The conference, held November 2014, collects several articles responding to and building on the research agenda laid out by our book. For those who have not read the book, this article is intended to summarize several of the main themes of the book, including discussion of economic models of consumer credit usage, trends in consumer credit usage over time, the use of high-cost credit, and behavioral economics.
Author : Anonim
Publisher : Unknown
Page : 4 pages
File Size : 44,6 Mb
Release : 2010
Category : Immigrants
ISBN : IND:30000125975775
Author : Combahee River Collective
Publisher : Unknown
Page : 32 pages
File Size : 46,5 Mb
Release : 1986
Category : African American women
ISBN : STANFORD:36105001980726
Author : Gregory Byron Dwyer,Shala E. Davis,American College of Sports Medicine
Publisher : Unknown
Page : 180 pages
File Size : 41,5 Mb
Release : 2005-01-01
Category : Education
ISBN : 0781734711
This new text from the American College of Sports Medicine (ACSM) contains information necessary to develop skills for assessing an individual’s health-related physical fitness. It provides the reader with a practical "how-to-do-it" approach for performing these assessment skills effectively, and an understanding of the theory behind and the importance of each skill or assessment. Reported errors associated with each test are also given, and a step-by-step instruction of the skills is provided in order for the reader to gain proficiency through practice. Illustrations and tables supplement the text and enhance learning.