A Decade of Debt

by Carmen M. Reinhart

Book Overview

This book presents evidence that public debts in the advanced economies have surged in recent years to levels not recorded since the end of World War II, surpassing the heights reached during the First World War and the Great Depression. At the same time, private debt levels, particularly those of financial institutions and households, are in uncharted territory and are (in varying degrees) a contingent liability of the public sector in many countries...

• Format: Paperback
• Language: English
• ISBN: 0881326224
• ISBN13: 9780881326222
• Release Date: July 2011
• Publisher: Peterson Institute for International Economic
• Length: 177 Pages
• Weight: 0.57 lbs.
• Dimensions: 0.5" x 5.9" x 8.9"