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Advanced Economies & their Debt
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Advanced Economies & their Debt

Book Details

Format Hardback or Cased Book
ISBN-10 162100581X
ISBN-13 9781621005810
Publisher Nova Science Publishers Inc
Imprint Nova Science Publishers Inc
Country of Manufacture US
Country of Publication GB
Publication Date Jan 26th, 2012
Print length 147 Pages
Weight 466 grams
Dimensions 26.10 x 18.50 x 1.40 cms
Product Classification: Taxation
Ksh 39,950.00
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Since the global financial crisis of 2008-2009, public debt in advanced economies has increased substantially. A number of factors related to the financial crisis have fuelled the increase, including fiscal stimulus packages, the nationalisation of private-sector debt, and lower tax revenue. Even if economic growth reverses some of these trends, such as by boosting tax receipts and reducing spending on government programs, ageing populations in advanced economies are expected to strain government debt levels in coming years. This book explores the topics of sovereign debt in advances economies around the world; limiting central government budget deficits; the sustainability of the federal budget deficit; foreign holdings of federal debt and Argentina''s defaulted sovereign debt crisis.

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