The Global Debt Bomb
Book Details
Format
Paperback / Softback
ISBN-10
0765604760
ISBN-13
9780765604767
Publisher
Taylor & Francis Ltd
Imprint
Routledge
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Oct 31st, 1999
Print length
208 Pages
Weight
453 grams
Product Classification:
International economicsEconomic historyPublic finance
Ksh 6,000.00
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Within a historical perspective, the author explains the "culture of debt" - its definition, how it got to be such a major burden, why we can't live without it, and ways to manage it better. He addresses the development of debt over the course of this century in both the US and world economies.
Within a historical perspective, Clayton clearly explains the "culture of debt" - its definition, how it got to be such a major burden, why we can''t live without it, and ways to manage it more efficiently. He addresses the development of debt over the course of the 20th century in both the US and world economies. This comprehensive multidisciplinary analysis covers all aspects of debt - benefits and necessity; the impact (both good and bad) on individuals, corporations and governments; and lessons to be learned from the past. Clayton, drawing on current research and extensive primary data in economics, political science, and history, concludes that with our rapacious accumulation of debt and common-place use of "debt-finance", our society has set itself up for a significant financial decline.
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