Lost Decades: The Making of America's Debt Crisis and the Long Recovery - Couverture rigide

Chinn, Menzie D.; Frieden, Jeffry A.

Couverture rigide

ISBN 10 : 0393076504 ISBN 13 : 9780393076509

Editeur : WW Norton & Co, 2011

Synopsis

Welcome to Argentina: by 2008 the United States had become the biggest international borrower in world history, with almost half of its 6.4 trillion dollar federal debt in foreign hands. The proportion of foreign loans to the size of the economy put the United States in league with Mexico, Pakistan, and other third-world debtor nations. The massive inflow of foreign funds financed the booms in housing prices and consumer spending that fueled the economy until the collapse of late 2008. The authors explore the political and economic roots of this crisis as well as its long-term effects. They explain the political strategies behind the Bush administration's policy of funding massive deficits with the foreign borrowing that fed the crisis. They see the continuing impact of our huge debt in a slow recovery ahead. Their clear, insightful, and comprehensive account will long be regarded as the standard on the crisis.

A propos du livre

À propos des auteurs

Menzie D. Chinn teaches at the University of Wisconsin, Madison, and coauthors the influential blog Econbrowser.

Jeffry Frieden is Professor of International and Public Affairs and Political Science at Columbia University and Professor of Government emeritus at Harvard University. He specializes in the politics of international economic relations. Frieden is the author of Global Capitalism: Its Fall and Rise in the Twentieth Century (2007; second updated edition 2020); of Currency Politics: The Political Economy of Exchange Rate Policy (2015); and the co-author (with Menzie Chinn) of Lost Decades: The Making of America's Debt Crisis and the Long Recovery (2012). Frieden is also the author of Debt, Development, and Democracy: Modern Political Economy and Latin America, 1965–1985 (1992), of Banking on the World: The Politics of American International Finance (1987), and the co-author or co-editor of over a dozen other books on related topics. His articles on the politics of international economic issues have appeared in a wide variety of scholarly and general-interest publications.

Détails de l'édition

• Éditeur: WW Norton & Co
• Date d'édition: 2011
• Langue: anglais
• ISBN 10: 0393076504
• ISBN 13: 9780393076509
• Reliure: Relié
• Numéro d'édition: 1
• Nombre de pages: 304
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible