Lost decades : the making of America's debt crisis and the long recovery

書誌事項

Lost decades : the making of America's debt crisis and the long recovery

Menzie D. Chinn and Jeffry A. Frieden

W.W. Norton, c2011

1st ed

  • : hardcover

大学図書館所蔵 件 / 19

この図書・雑誌をさがす

注記

Bibliography: p. 227-262

Includes index

内容説明・目次

内容説明

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.

「Nielsen BookData」 より

詳細情報

ページトップへ