This study looked at 18 OECD countries from 1980-2010. This study was different because it divided the debt up into 3 different classifications: household debt, non-financial corporate debt, and government debt. The authors also answer two questions- Is there a negative effect between debt and...
Essays on Debt
I am rating “Debt Cleanse” by Jorge P. Newbery three out of four stars. “Debt Cleanse” is an exhaustive study, as the subtitle promises, on “How to Settle Your Unaffordable Debts for Pennies on the Dollar (And Not Pay Some at All)”. The author details...
College students have an unfair advantage when it comes to debt. A student can encounter debt from generational impulse buying. Parents can have poor buying habits and poor habits can be linked to family behavioral problems. Parents who overly exceed their financial resources will produce...
The premise of Debt Cleanse is that people often become overburdened with debt simply through ordinary living. They want to attend college, have a car to drive to work, or own a home. These perfectly reasonable desires generate student loans, vehicle loans, and mortgages. Or...
This paper provides a summary of the important literature surrounding the relationship between debt-GDP ratio and the growth rate. The authors find holes in each method, but come to the conclusion that a potential relationship between debt and GDP should still be pursued further. However,...
There’s a lot of literature that suggests that there’s a negative relationship between growth and debt. The authors look at 17 OECD countries to see if this true. A key factor in this is that all of the countries have high levels of democracy. One...
If naysayers have been searching out any extra evidence that Pakistan’s economy ought to face a length of uncertainty, they want to go no similarly than the excessive workplaces of the global economic fund (IMF). The international lender has warned that Pakistan should face a...
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