Great nations at peril [electronic resource] / Jürgen Backhaus, editor.
2015
HB3722
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Details
Title
Great nations at peril [electronic resource] / Jürgen Backhaus, editor.
ISBN
9783319100555 electronic book
3319100556 electronic book
9783319100548
3319100548 (print)
9783319100548 (print)
3319100556 electronic book
9783319100548
3319100548 (print)
9783319100548 (print)
Published
Cham : Springer, 2015.
Language
English
Description
1 online resource.
Item Number
10.1007/978-3-319-10055-5 doi
Call Number
HB3722
Dewey Decimal Classification
338.54209
Summary
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.
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Access limited to authorized users.
Digital File Characteristics
text file PDF
Source of Description
Online resource; title from PDF title page (SpringerLink, viewed February 17, 2015).
Added Author
Backhaus, Jürgen G., 1950-, editor.
Series
European heritage in economics and the social sciences ; 17.
Available in Other Form
Print version: 9783319100548
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