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Andreas Antoniades - Global Debt Dynamics: Crises, Lessons, Governance

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Andreas Antoniades Global Debt Dynamics: Crises, Lessons, Governance

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Global Debt Dynamics
This comprehensive volume explores debt dynamics and the intensification of debt crises across the globe, bringing together several recent but underexplored debt crises from different regional and socioeconomic contexts. Using detailed case studies, the authors recast the perils of debt-based growth in the context of regional/global imbalances; not to advocate one-size-fits-all reforms, but to point to the need for accommodating diversity. They examine how current economic developments put developing and developed countries under new strain. They also interrogate the opportunities and challenges generated for developing countries by the new development finance landscape and newly (re)emerged geopolitical tensions. The book also explores the inability of existing dominant structures and thinking to effectively manage the multiple facets of the ongoing global debt crisis, pointing to responses that exacerbate rather than address unsustainable debt dynamics. The authors illustrate the adverse effects of ad hoc crisis management mechanisms which are not fit for purpose, and indicate the negative consequences that existing policies may have for democracy. They then put forward a framework for alternative thinking as well as concrete ideas on what needs to be done, in response.
This book will be of great interest to students, scholars and professionals in the field of global debt studies. It was originally published as a special issue of the online journal Third World Thematics.
Andreas Antoniades is Senior Lecturer in Global Political Economy in the Department of International Relations at the University of Sussex, UK. He is also the convenor of the Global Debt Dynamics Initiative, and the Principal Investigator in the SSRP project Debt and Environmental Sustainability.
Ugo Panizza is Professor of International Economics and Pictet Chair in Finance and Development at the Graduate Institute Geneva, Switzerland. He is also the Director of the Institutes Centre for Finance and Development, Director of the Centre for International and Monetary Banking Studies, and Editor-in-Chief of International Development Policy.
ThirdWorlds
Edited by Shahid Qadir, University of London, UK
ThirdWorlds will focus on the political economy, development and cultures of those parts of the world that have experienced the most political, social, and economic upheaval, and which have faced the greatest challenges of the postcolonial world under globalisation: poverty, displacement and diaspora, environmental degradation, human and civil rights abuses, war, hunger, and disease.
ThirdWorlds serves as a signifier of oppositional emerging economies and cultures ranging from Africa, Asia, Latin America, Middle East, and even those Souths within a larger perceived North, such as the U.S. South and Mediterranean Europe. The study of these otherwise disparate and discontinuous areas, known collectively as the Global South, demonstrates that as globalisation pervades the planet, the south, as a synonym for subalterity, also transcends geographical and ideological frontier.
Corruption in the Aftermath of War
Edited by Jonas Lindberg and Camilla Orjuela
Everyday Energy Politics in Central Asia and the Caucasus
Citizens Needs, Entitlements and Struggles for Access
Edited by David Gullette and Jeanne Faux de la Croix
The UN and the Global South, 1945 and 2015
Edited by Thomas G. Weiss and Pallavi Roy
The Green Economy in the Global South
Edited by Stefano Ponte and Daniel Brockington
Food Sovereignty
Convergence and Contradictions, Condition and Challenges
Edited by Eric Holt-Gimnez, Alberto Alonso-Fradejas, Todd Holmes and Martha Jane Robbins
The International Politics of Ebola
Edited by Anne Roemer-Mahler and Simon Rushton
Rising Powers and South-South Cooperation
Edited by Kevin Gray and Barry K. Gills
The Local Turn in Peacebuilding
The Liberal Peace Challenged
Edited by Joakim jendal, Isabell Schierenbeck and Caroline Hughes
Chinas Contingencies and Globalization
Edited by Changgang Guo, Liu Debin and Jan Nederveen Pieterse
The Power of Human Rights/The Human Rights of Power
Edited by Louiza Odysseos and Anna Selmeczi
Class Dynamics of Development
Edited by Jonathan Pattenden, Liam Campling, Satoshi Miyamura and Benjamin Selwyn
Third World Approaches to International Law
Edited by Amar Bhatia, Usha Natarajan, John Reynolds and Sujith Xavier
Fragility, Aid, and State-building Understanding Diverse Trajectories
Edited by Rachel M. Gisselquist
Rural Transformations and Agro-Food Systems
The BRICS and Agrarian Change in the Global South
Edited by Ben M. McKay, Ruth Hall and Juan Liu
Sustainable Development in Africa-EU relations
Edited by Mark Langan and Sophia Price
New Mechanisms of Participation in Extractive Governance
Between Technologies of Governance and Resistance Work
Edited by Esben Leifsen, Maria-Therese Gustafsson, Mara Antonieta Guzmn-Gallegos and Almut Schilling-Vacaflor
The Development Dictionary @25
Post-Development and its Consequences
Edited by Aram Ziai
Power and Illicit Drugs in the Global South
Edited by Maziyar Ghiabi
Hybridity in Peacebuilding and Development
A Critical and Reflexive Approach
Edited by Lia Kent, Miranda Forsyth, Sinclair Dinnen, Joanne Wallis and Srinjoy Bose
The Agency of the Governed in the Global South
Normative and Institutional Change
Edited by Anke Draude
Innovations in Sport for Development and Peace Research
Edited by Megan Chawansky, Lyndsay M. C. Hayhurst, Mary G. McDonald and Cathy van Ingen
Global Debt Dynamics
Crises, Lessons, Governance
Edited by Andreas Antoniades and Ugo Panizza
Developmental States beyond East Asia
Edited by Jewellord T. Nem Singh and Jesse Salah Ovadia
For more information about this series, please visit: https://www.routledge.com/series/TWQ
First published 2019
by Routledge
2 Park Square, Milton Park, Abingdon, Oxon, OX14 4RN
and by Routledge
52 Vanderbilt Avenue, New York, NY 10017
Routledge is an imprint of the Taylor & Francis Group, an informa business
Chapters 1-4, 6, 8 2019 Taylor & Francis
Chapter 5 2018 Dra Piroska. Originally published as Open Access.
Chapter 7 2019 Overseas Development Institute
With the exception of Chapter 5, no part of this book may be reprinted or reproduced or utilised in any form or by any electronic, mechanical, or other means, now known or hereafter invented, including photocopying and recording, or in any information storage or retrieval system, without permission in writing from the publishers. For details on the rights for Chapter 5, please see the chapters Open Access footnote.
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