The hidden debt burden of emerging markets by Carmen Reinhart published by Project Syndicate (10/2015). “In short, though emerging economies’ debts seem largely moderate by historic standards, it seems likely that they are being underestimated, perhaps by a large…
From financial repression to external distress: The case of Venezuela by Carmen M. Reinhart and Miguel Angel Santos published by NBER, indicated by Alvaro Manoel (7/2015). “…In line with earlier literature on capital controls, our comprehensive measures of capital…
Financial and sovereign debt crises: some lessons learned and those forgotten by Carmen Reinhart and Kenneth Rogoff published by IMF, indicated by Alvaro Manoel (12/2013). “Even after one of the most severe multi-year crises on record in the advanced…
Financial and sovereign debt crises: Some lessons learned and those forgotten by Carmen Reinhart and Kenneth Rogoff published by IMF (12/2013). “…The current phase of the official policy approach is predicated on the assumption that debt sustainability can be…
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Financial Repression (Kirkegaard & Reinhart)
Financial repression: Then and now by Jacob Funk Kirkegaard and Carmen M. Reinhart. Rich nations worldwide have a problem with debt. In the past, such problems have been dealt with by several tactics, including ‘financial repression’. This column explains…
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Financial Repression (Reinhart, Kirkegaard and Sbrancia)
Financial Repression Redux by Carmen M. Reinhart, Jacob F. Kirkegaard and M. Belen Sbrancia, published by IMF. “Governments are once again finding ways to manipulate markets to hold the cost of financing debt.”
A decade of debt by Carmen Reinhart and Kenneth Rogoff, published by VOXEU. “This paper presents evidence that public debts in the advanced economies have surged in recent years to levels not recorded since the end of World War…
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Liquidation of Government Debt (Reinhart & Sbrancia)
The liquidation of government debt by Carmen M. Reinhart and M. Belen Sbrancia. “Historically, periods of high indebtedness have been associated with a rising incidence of default or restructuring of public and private debts. A subtle type of debt…
“Consumer Debt to Government Debt” by Carmen Reinhart (audio). Recommended by Arthur Garbayo.
Debt and growth revisited by Carmen M. Reinhart and Kenneth Rogoff, published by VOXEU (11/08/2010). This column presents the Reinhart-Rogoff findings on the relationship between debt and growth based on data from 44 countries over 200 years, clarifying the…