Tag Archives: Debt-cycles

[embedded content] My talk at the IDEAS/PERI conference a few weeks ago. As I said there, I hate to be the optimist in the room, but I'm a bit more skeptical about the risks of a generalized sovereign debt crisis in the Global South. The two papers I cite are these (in their PERI Working Paper versions) two (one and two).

These were two great economists, that I never met, and that sadly have passed away. I would recommend this paper by Andrea Ginzburg, with Annamaria Simonazzi, on foreign debt cycles, and this paper by Anthony Brewer on the effects of capital mobility on the Ricardian comparative advantage model. Their contributions are certainly much more relevant than these two papers, but I think this provide a good example.