GREAT NATIONS AT PERIL by Jurgen George Backhaus (Editor) ( 9783319100548 )

Item Details

Title:

GREAT NATIONS AT PERIL

By:

Format:

Hardback

List price:	£89.99
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ISBN 10:

3319100548

ISBN 13:

9783319100548

Publisher:

SPRINGER INTERNATIONAL PUBLISHING AG

Pub. date:

5 November, 2014

Edition:

2015 ed.

Series:

The European Heritage in Economics and the Social Sciences 17

Pages:

172

Synopsis:

This book was prompted by the current, lingering financial crisis, which has its basis in the disorderly financial practices of the United States. These practices have resulted in an accumulated debt which now requires the United States to run financial policies at artificially low interest rates. In principle, these low interest rates should flood the markets with ready money. Since the spread for banks is very thin, however, and they must carefully discriminate between available risks and finance only those propositions with no risk, credit is not abundantly available. With staggering foreign debt and a myriad of other perils looming, this great nation is at peril for sure. In the tradition of the Heilbronn Symposium, the authors look at historical cases as a means of understanding the current situation and informing possible solutions to a problem that continues to affect the global economy. The volume analyzes cases such as Prussia, Greece, Italy, Estonia, and the European Union. This book will be of interest to scholars and students of economic history as well as policy makers who may benefit from an historical understanding of the economic challenges their countries currently face.

Illustrations:

1 Illustrations, color; 4 Illustrations, black and white; VII, 172 p. 5

Publication:

Switzerland

Imprint:

Springer International Publishing AG

Returns:

Returnable

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