Eichengreen, Barry; ElGanainy, Asmaa Adel; Esteves, Rui … - 2021
, to modern economic growth. None of this is to deny that debt problems, debt crises and debt defaults occur. But these …. Their rise prompted apocalyptic warnings about the dangers of heavy debts - about the drag they will place on economic … growth and for future generations. This book adds the other side of the equation: drawing on history, it provides a defence …