Deficits, Debts and Defaults - Past, Present and Future

Peter Sinclair

Discussion Papers from Department of Economics, University of Birmingham

Abstract: This paper explores the issue of whether rates of interest should and do tend to exceed rates of growth, a key determinant of debt sustainability. It goes on to consider the argument for debt renegotiation in circumstances where sustainability is in grave doubt.

Keywords: debt sustainability; debt renegotiation; default (search for similar items in EconPapers)
JEL-codes: F34 G01 H63 (search for similar items in EconPapers)
Pages: 17 pages
Date: 2011-12
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://repec.cal.bham.ac.uk/pdf/11-20.pdf

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bir:birmec:11-20

Access Statistics for this paper

More papers in Discussion Papers from Department of Economics, University of Birmingham Contact information at EDIRC.
Bibliographic data for series maintained by Oleksandr Talavera ().