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Tag Archives: global

Internal and external balance of savings and investment

I was recently asked by an Australian economics journal to write a review of a book I had already read, The Leaderless Economy, by Peter Temin and David Vines (published in 2013). Because the book is a great place from which to start a discussion on the links within the global economy, I decided to base this essay on the book. I had already read Peter Temin’s Lessons from the Great Depression (1991), The Roman Market Economy (2012), and Prometheus Unshackled (2013), and I know his work...

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Trends and prospects for private-sector deleveraging in advanced economies

In-depth analysis on Credit Writedowns Pro. You are here: Economy » Trends and prospects for private-sector deleveraging in advanced economies This post originally appeared on Vox. By Serkan Arslanalp, Reinout De Bock, Matthew Jones Major advanced economies have made mixed progress in repairing the private sector’s balance sheets. This column explores private sector deleveraging trends and calls for a set of policies that will return debt to safer levels. Monetary policies should support...

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