The Public Debt Problem: A Comprehensive Guide
Pierre Lemieux
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Description for The Public Debt Problem: A Comprehensive Guide
Paperback. The Public Debt Problem explains the nature, sources, and extent of the sovereign debt problem, and analyzes its potential solutions. Num Pages: 226 pages, 14 black & white line drawings. BIC Classification: KCB; KCX; KFFD. Category: (P) Professional & Vocational. Dimension: 234 x 159 x 13. Weight in Grams: 358.
The European public debt problem was in the making long before the 2007-2009 recession, as budget deficits had become endemic. A similar crisis is now developing in America, where the same fundamental causes have been at work. The Public Debt Problem analyzes the situation of public debts in America and reviews official forecasts for the federal government. The author carefully explains the main concepts (budget deficit, public debt, etc.) and analytical tools (discounting, government accounting, Treasury securities, bonds, yields, etc.) necessary to understand the issues.
The European public debt problem was in the making long before the 2007-2009 recession, as budget deficits had become endemic. A similar crisis is now developing in America, where the same fundamental causes have been at work. The Public Debt Problem analyzes the situation of public debts in America and reviews official forecasts for the federal government. The author carefully explains the main concepts (budget deficit, public debt, etc.) and analytical tools (discounting, government accounting, Treasury securities, bonds, yields, etc.) necessary to understand the issues.
Product Details
Format
Paperback
Publication date
2013
Publisher
Palgrave Macmillan
Number of pages
226
Condition
New
Number of Pages
212
Place of Publication
Basingstoke, United Kingdom
ISBN
9781137298072
SKU
V9781137298072
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
About Pierre Lemieux
Pierre Lemieux is an economist affiliated with the Department of Management Sciences of the Université du Québec en Outaouais, Canada, a Senior Fellow at the Montréal Economic Institute, and a Research Fellow at The Independent Institute (Oakland, California). He is author of several books published in Paris, France, as well as several newspaper and journal articles.
Reviews for The Public Debt Problem: A Comprehensive Guide
"Like many of the world's social democracies, the United States is hurtling toward a major public-debt crisis. Lemieux clearly and convincingly explains why and then lays out the probable consequences. His book, The Public Debt Problem, contains enough overwhelming evidence and analysis to give all but the most stubborn fiscal-crisis denier second thoughts." - Jeff Hummel, Associate Professor of Economics, ... Read more