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Financial Markets and Public Finance

Erik R. Fasten
The considerable sovereign indebtedness of developed economies and the accumulated risks in the financial sector trigger increasing financial and economic instability worldwide. The book examines the core interactions between financial markets and public finance: How do markets value fiscal sustainability and contingent liabilities of governments? Which institutions might contain public indebtedness? Which institutions contribute to the sound functioning of financial markets and how do they work? Which channels of transmission of fiscal policy on economic activity are relevant? How to contain sovereign debt crises?
Autor: Fasten, Erik R.
EAN: 9783832965792
Sprache: Englisch
Seitenzahl: 320
Produktart: kartoniert, broschiert
Verlag: Nomos
Untertitel: Sovereign Risks, Credit Markets and Fiscal Federalism
Schlagworte: Öffentliche Wirtschaft Finanzmarkt
Größe: 153 × 227
Gewicht: 254 g