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Palgrave Macmillan

Sovereign Debt Crisis

The New Normal and the Newly Poor

  • Book
  • © 2011

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Table of contents (13 chapters)

  1. Financial Risks Which Kept Piling Up

  2. Loose Monetary and Fiscal Policies Lead to the Destruction of Wealth

  3. Euroland’s Financial Integration and Sovereign Risk

  4. The New Normal’s Effect on the Western Economy

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About this book

Restructuring the balance sheets of Western governments, banks and households is an important issue in the recovery after the recent crisis. Chorafas' latest book focuses on sovereign debt, sovereign risk and the developing economic and financial business climate and explains why the year of the big crisis may fall in the middle of this decade.

About the author

Dimitris N. Chorafas served on the faculty of the Catholic University of America and as Visiting Professor at Washington State University, George Washington University, University of Vermont, University of Florida, and Georgia Institute of Technology in the United States, as well as the University of Alberta, Technical University of Karlsruhe, Ecole d'Etudes Industrielles de l'Université de Genève, Ecole Polytechnic Fédérale de Lausanne, Polish Academy of Sciences and Russian Academy of Sciences. More than 8,000 banking, industrial and government executives participated in his seminars in the United States, England, Germany, Italy, other European countries, Asia and Latin America. Chorafas is the author of 160 books, translated into several languages world-wide.

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