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Sovereign Debt, Europe & The Global South

Is borrowing and debt just another benign economic policy tool? Or is it a means of control and coercion? Can we address the most pressing social challenges of our time while governments are saddled with so much historical debt? When does a debt from the past become odious and illegitimate?
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Table of Contents

  1. What is debt? What is sovereign debt?
  2. Is having high levels of sovereign debt always a bad thing?
  3. What causes a debt crisis?
  4. The Bretton Woods decades
  5. The first global sovereign debt crisis
  6. Sovereign Debt Crisis in the Global North
  7. The New Debt Crisis
  8. Resolving debt crises (1): what are the options?
  9. A: The Neoliberal Approach to Resolving Debt Crises
  10. Resolving debt crises (2): conditionalities, structural adjustment & economic recovery
  11. Debt: A Guide to Further Reading

Course Content

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Course Includes

  • 6 Lessons
  • 15 Topics
  • 1 Quiz

Source and Responsibility

This platform is co-funded by the European Union’s Erasmus+ programme for Adult Education.

The European Commission’s support for the production of this learning platform does not constitute an endorsement of the contents, which reflect the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained therein.

 

Amazing to study such a diversity of topics and various perspectives on economics!
Mary McLain
Mary McLainStudent, Ireland
An ambitious project. Sometimes long texts, but well structured and highly enriching. Feel the sense of such a platform.
Mirko Singer
Mirko SingerTrainer, Germany
International, European insights from the authors of seven countries make this platform unique!
Mariana Bonzaro
Mariana BonzaroAdult Educator, Spain
Great to bring daily live perspectives together with the bigger horizon of society and economy as a whole. Helps really to better understand what occurs around me.
John Miller
John MillerStudent, Poland

Se permite la redistribución de este trabajo y su contenido como Recurso Educativo Abierto (REA). Por favor, cite como sigue: "Fresh Up Economics. Towards Economic Literacy in Europe" por el equipo del proyecto Fresh Up, CC BY-SA 4.0 resh Up Economics. Towards Economic Literacy in Europe" by Fresh Up project team, CC BY-SA 4.0

weltgewandt. Institut für interkulturelle politische Bildung e.V., Flämingstr. 122, 12689 Berlin, Germany, e-mail: info@weltgewandt-ev.de, www.weltgewandt-ev.de

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