Economia
Esta interpretação é da Comissão de Investigação da Crise Financeira (Financial Crisis Inquiry Commission) do Congresso americano. Os membros da comissão encerram o documento da seguinte forma:
Reinhart and Rogoff also find that financial crises often precede sovereign debt crises, given the rapid increase in public debt. To this end, it is not by pure coincidence that our Commission was set up at roughly the same time as the National Commission on Fiscal Responsibility and Reform, which recently presented its report on the looming fiscal crisis in our country.
In their panoramic study of financial crises and the debt crises that follow, Reinhart and Rogoff identify perhaps the four most dangerous words expressed by investors, regulators, and policymakers before a crash: “This time is different.” We could not agree more. We caution our nation’s leaders to learn the appropriate lessons from history and take seriously the need to reduce our federal deficit.
O documento todo é muito claro e objetivo, provendo uma excelente introdução à crise financeira de 2007-2008. Gostaria de acreditar que o nosso Congresso consiga constituir comissões de mesmo nível.
- Repressão Financeira
Financial Repression Has Come Back to Stay: Carmen M. ReinhartAs they have before in the aftermath of financial crises or wars, governments and central banks are increasingly resorting to a form of “taxation” that helps liquidate the huge overhang...
- Database De Crises Financeiras 1970-2007
2008 International Monetary Fund WP/08/224 IMF Working Paper Research Department Systemic Banking Crises: A New Database Prepared by Luc Laeven and Fabian Valencia1 This paper presents a new database on the timing of systemic banking crises and policy...
- Os Limites Da Dívida Publica
Reinhart e Rogoff explicam: "... At what point does indebtedness become a problem? In our study “Growth in a Time of Debt,” we found relatively little association between public liabilities and growth for debt levels of less than 90 percent of GDP....
- A Futura Da Dívida Pública: Calote
BIS Working PapersNo 300The future of public debt: prospects and implications by Stephen G Cecchetti, M S Mohanty and Fabrizio Zampolli Monetary and Economic Department Abstract Since the start of the financial crisis, industrial country public debt...
- Lições Da História E A Dívida Americana
Os EUA passam hoje por uma crise de confiança, que pode levar a uma crise de liquidez (como Itália e Espanha) e com menor probabilidade a uma crise de solvência. Christina Romer parece sugerir como evitar que a crise de confiança degenere em coisas...
Economia
Crise Financeira: Uma Interpretação
Esta interpretação é da Comissão de Investigação da Crise Financeira (Financial Crisis Inquiry Commission) do Congresso americano. Os membros da comissão encerram o documento da seguinte forma:
Reinhart and Rogoff also find that financial crises often precede sovereign debt crises, given the rapid increase in public debt. To this end, it is not by pure coincidence that our Commission was set up at roughly the same time as the National Commission on Fiscal Responsibility and Reform, which recently presented its report on the looming fiscal crisis in our country.
In their panoramic study of financial crises and the debt crises that follow, Reinhart and Rogoff identify perhaps the four most dangerous words expressed by investors, regulators, and policymakers before a crash: “This time is different.” We could not agree more. We caution our nation’s leaders to learn the appropriate lessons from history and take seriously the need to reduce our federal deficit.
O documento todo é muito claro e objetivo, provendo uma excelente introdução à crise financeira de 2007-2008. Gostaria de acreditar que o nosso Congresso consiga constituir comissões de mesmo nível.
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- Repressão Financeira
Financial Repression Has Come Back to Stay: Carmen M. ReinhartAs they have before in the aftermath of financial crises or wars, governments and central banks are increasingly resorting to a form of “taxation” that helps liquidate the huge overhang...
- Database De Crises Financeiras 1970-2007
2008 International Monetary Fund WP/08/224 IMF Working Paper Research Department Systemic Banking Crises: A New Database Prepared by Luc Laeven and Fabian Valencia1 This paper presents a new database on the timing of systemic banking crises and policy...
- Os Limites Da Dívida Publica
Reinhart e Rogoff explicam: "... At what point does indebtedness become a problem? In our study “Growth in a Time of Debt,” we found relatively little association between public liabilities and growth for debt levels of less than 90 percent of GDP....
- A Futura Da Dívida Pública: Calote
BIS Working PapersNo 300The future of public debt: prospects and implications by Stephen G Cecchetti, M S Mohanty and Fabrizio Zampolli Monetary and Economic Department Abstract Since the start of the financial crisis, industrial country public debt...
- Lições Da História E A Dívida Americana
Os EUA passam hoje por uma crise de confiança, que pode levar a uma crise de liquidez (como Itália e Espanha) e com menor probabilidade a uma crise de solvência. Christina Romer parece sugerir como evitar que a crise de confiança degenere em coisas...