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Globalization and High Public Debt: The Impact of Financial Interdependence

Globalization and High Public Debt: The Impact of Financial Interdependence

Hardcover

Series: Routledge Studies in the Modern World Economy

Business GeneralEconomicsInvesting & Finance

ISBN10: 1032949171
ISBN13: 9781032949178
Publisher: Routledge
Published: Mar 16 2026
Pages: 226
Weight: 1.14
Height: 0.56 Width: 6.14 Depth: 9.21
Language: English

This book argues that the high degree of financial interdependence forged during the golden age of globalization from 1991-2016 is now the main impediment to the reduction of the elevated public debts observed in many countries. It investigates how interdependence may be reduced or made compatible with a deleveraging process.

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Economics