In good times prepare for crisis : from the great depression to the great recession-sovereign debt crises and their resolution /

Bibliographic Details
Main Author: Lieberman, Ira W., 1942- (Author)
Format: eBook
Language:English
Published: Washington, D.C. : Brookings Institution Press, [2018]
Subjects:
Online Access:Click to View
Table of Contents:
  • Historical context: the export of capital, 1815-1914
  • External financing during the interwar period and the Great Depression, 1919-39
  • Private market lending
  • Debt service disruptions
  • International relations and interwar external sovereign debts
  • External sovereign debt, syndicated bank loans, and sovereign debt and crises in developing countries, 1955-94
  • Flow of external capital to the developing world after World War II, 1955-73
  • From petrodollar recycling to debt recycling, syndicated bank loans, and sovereign crises, 1974-83
  • Debt service disruption and bank restructurings
  • Debt restructuring and international relations
  • Globalization, financial sector liberalization, and emerging market crises, 1990-2005
  • Globalization, financial sector liberalization, and the flow of capital to emerging markets [TK]
  • The emerging market crises and the mexican crisis, 1994-97
  • The East Asian crisis, 1997-2003
  • Korea and crisis resolution, 1997-2003
  • The Turkish crisis, 2001-05
  • The argentine crisis, 2001-04
  • The Great Recession and crises in the advanced economies
  • Crises in the advanced economies and the Japanese crisis as a precursor
  • U.S. crisis-causes of the crisis, 2007-12
  • Ad hoc interventions before the Lehman collapse
  • A systemic approach to crisis resolution after the Lehman collapse
  • The great recession-from financial to economic crisis
  • The eurozone crisis, 2008-15
  • The eurozone crisis-from banking crises, to sovereign crises, to bailouts
  • Conclusion-are we prepared for the next one?
  • Appendixes
  • A. A comparative overview of debt-crisis regimes : from the great depressions through the great
  • Recession
  • B. C ommercial bank debt restructurings with sovereign debtors, 1980-89
  • Notes.