International Debt

Written by a group of international experts, this book focuses on three interdependent themes: (a) origins and consequences of the current debt crisis; (b) the systemic nature of the crisis; (c) national and international policy efforts to avoid a global collapse and bring about lasting reforms in the Euro zone and in the financial system.

Autorentext
ANDRE BALADI International Corporate Governance Network / ICGN PETER AKOS BOD Corvinus University (of Economics), Budapest, Hungary CHRISTOS GORTSOS Department of International & European Studies, Panteion University, Athens, Greece, and the Hellenic Bank Association NIKOS HARITAKIS Department of Economics, University of Athens, Greece DANIEL KAESER International Monetary Fund MICHAEL SAKBANI The Herbert Walker School of Business, Webster University, Geneva, Switzerland ALEXANDRE VAUTRAVERS International Relations Department, Webster University, Geneva, Switzerland

Inhalt
List of Figures List of Tables Acknowledgements Notes on Contributors Introduction; O.Hieronymi & C.A.Stephanou The International Monetary System and the Debt Issue; O.Hieronymi The Dual Debt Problem in the US and in Europe: Are the Policy Makers Addressing the Right Issues?; M.Sakbani The Illusion of Monetary Sovereignty; P.A.Bod Building Firewalls: European Responses to the Sovereign Debt Crisis; C.A.Stephanou The Case for a Sovereigns' Bankruptcy Procedure; D.Kaeser The Impact of the Current Eurozone Fiscal Crisis on the Greek Banking Sector and the Measures Adopted to Preserve its Stability; C.Gortsos Options, Decisions and Implementation under Extreme Market Conditions: Economic policy in Greece the day after; N.Haritakis Quo Vadis Global Financial Governance?; A.Baladi International Debt and Globalization; A.Vautravers Conclusions and Outlook; O.Hieronymi & C.A.Stephanou Annex: The Information Crisis and the Need to Improve the Availability and the Use of Relevant Statistics Bibliography Index