Catalogue Search | MBRL
Are you sure you want to remove the book from the shelf?
{{itemTitle}}
4,427,990
result(s) for
"Debt"
Sort by:
Just debt : theology, ethics, and neoliberalism
\"... We [have] come to have a delimited and skewed view on debt and its economy ... In this book, I argue, a more holistic social ethics of debt is established by reintegrating these two essential elements of debt: logic and story. From the perspective of a more holistic ethics of debt, neoliberal concept of debt is problematic because by neglecting the story aspect of debt, it has enervated the moral ethos of debt rendering it as a matter of mere contract and mechanical calculation\"--Introduction.
Book
Payback : debt and the shadow side of wealth
Collected here, the Massey Lectures from legendary novelist Margaret Atwood investigate the highly topical subject of debt, exploring debt as an ancient and central motif in religion, literature, and the structure of human societies.
Book
External Debt Management in Low-Income Countries
Improving debt management capacity in Heavily Indebted Poor Countries (HIPCs) is a key element of the international community's strategy for ensuring a robust and sustained exit from unsustainable debt burdens. External debt management is a multi-facetted task involving the formulation of a transparent strategy for managing the level of debt, and establishing an appropriate institutional framework that supports effective implementation. This paper brings together the essential elements of effective debt management practices to guide for those assessing debt management capacity and advising on its improvement in low-income countries.
Journal Article
Principles for navigating big debt crises
\"For the 10th anniversary of the 2008 financial crisis, one of the world's most successful investors, Ray Dalio, shares his unique template for how debt crises work and principles for dealing with them well. This template allowed his firm, Bridgewater Associates, to anticipate events and navigate them well while others struggled badly.\"--Publisher's description.
Book
Sovereign Default, Private Sector Creditors and the IFIs
This paper builds a model of a sovereign borrower that has access to credit from private sector creditors and an IFI. Private sector creditors and the IFI offer different debt contracts that are modelled based on the institutional frameworks of these two types of debt. We analyze the decisions of a sovereign on how to allocate its borrowing needs between these two types of creditors, and when to default on its debt to the private sector creditor. The numerical analysis shows that, consistent with the data; the model predicts countercyclical IFI debt along with procyclical commercial debt flows, also matching other features of the data such as frequency of IFI borrowing and mean IFI debt stock.
eBook
What to do when your family is in debt
A guide to debt, what it is, what it may mean for your family, and how you can help.
Book
Tracking global demand for advanced economy sovereign debt
Recent events have shown that sovereigns, just like banks, can be subject to runs, highlighting the importance of the investor base for their liabilities. This paper proposes a methodology for compiling internationally comparable estimates of investor holdings of sovereign debt. Based on this methodology, it introduces a dataset for 24 major advanced economies that can be used to track US$42 trillion of sovereign debt holdings on a quarterly basis over 2004-11. While recent outflows from euro periphery countries have received wide attention, most sovereign borrowers have continued to increase reliance on foreign investors. This may have helped reduce borrowing costs, but it can imply higher refinancing risks going forward. Meanwhile, advanced economy banks' exposure to their own government debt has begun to increase across the board after the global financial crisis, strengthening sovereign-bank linkages. In light of these risks, the paper proposes a framework-sovereign funding shock scenarios (FSS)-to conduct forward-looking analysis to assess sovereigns' vulnerability to sudden investor outflows, which can be used along with standard debt sustainability analyses (DSA). It also introduces two risk indices-investor base risk index (IRI) and foreign investor position index (FIPI)-to assess sovereigns' vulnerability to shifts in investor behavior.
eBook