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Great nations at peril

Backhaus, Jurgen.

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Great nations at peril

紀錄類型:	書目-電子資源 : Monograph/item
正題名/作者:	Great nations at peril/ edited by Jurgen Backhaus.
其他作者:	Backhaus, Jurgen.
Published:	Cham :Springer International Publishing : : 2015.,
Description:	vii, 172 p. :ill., digital ;24 cm.
Contained By:	Springer eBooks
Subject:	Financial crises - History. -
Online resource:	http://dx.doi.org/10.1007/978-3-319-10055-5
ISBN:	9783319100555 (electronic bk.)

Great nations at peril
Great nations at peril[electronic resource] /edited by Jurgen Backhaus. - Cham :Springer International Publishing :2015. - vii, 172 p. :ill., digital ;24 cm. - The European heritage in economics and the social sciences,v.171572-1744 ;. - The European heritage in economics and the social sciences ;11..

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.

ISBN: 9783319100555 (electronic bk.)

Standard No.: 10.1007/978-3-319-10055-5doiSubjects--Topical Terms:

586880
Financial crises
--History.

LC Class. No.: HB3722

Dewey Class. No.: 338.54209

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