Over-indebtedness, zero interest rates and stock market euphoria

• Publication type: Journal article
• Journal:
  Entreprise & Société
  2017 – 1, n° 1
  . varia
• Author: Ninet (Jacques)
• Abstract: This paper examines the basic principles of sovereign debt governance within the eurozone and the evidence of the crisis, from the start in 2008. He shows that, despite budgetary rigor, the overall debt has continued to grow, because it is the unavoidable consequence of the drift of wealth distribution. In conclusion, this work outlines the basics of a public debt crisis model, the aim of which would be to show that the sovereign debt sector makes no exception to the general tendency of markets migratings.
• Pages: 197 to 222
• Journal: Business & Society
• CLIL theme: 3312 -- SCIENCES ÉCONOMIQUES -- Économie publique, économie du travail et inégalités
• EAN: 9782406068426
• ISBN: 978-2-406-06842-6
• ISSN: 2554-9626
• DOI: 10.15122/isbn.978-2-406-06842-6.p.0197
• Publisher: Classiques Garnier
• Online publication: 03-10-2017
• Periodicity: Biannual
• Language: French
• Keyword: Sovereign debt, global debt, fiscal discipline, market migration, crisis

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