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A Decade of Debt

机译:十年债务

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摘要

In 2009, Reinhart and Rogoff published their monumental survey of eight centuries of debt crises (Reinhart and Rogoff 2009). That exhaustive study highlighted several key points, the most important of which is that debt crises may take many different guises, but that the essentials of overborrowing and the consequent aftermath remain constant. A Decade of Debt picks up on their earlier work, and expands upon the likely consequences of the debt that has been accumulated since their previous study was written. In that regard, the book serves an extremely useful function, distilling the findings from previous works, and then placing those findings in the context of the events that have transpired since 2009.
机译:2009年,莱因哈特(Reinhart)和罗高夫(Rogoff)发表了对八个世纪债务危机的重要调查(Reinhart and Rogoff 2009)。这项详尽的研究突出了几个关键点,其中最重要的是债务危机可能有许多不同的表象,但超额借贷和随之而来的后果的本质保持不变。 “十年债务”计划延续了他们先前的工作,并扩大了自从他们上一份研究报告撰写以来积累的债务可能产生的后果。在这方面,这本书起着非常有用的作用,它从以前的作品中提炼出了发现,然后将这些发现置于自2009年以来发生的事件的背景下。

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