PolicyCast

How to Fix a Sovereign Debt Crisis

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How to Fix a Sovereign Debt Crisis

23 Sep 2015

HKS Professor Carmen Reinhart details the lessons we can learn from two centuries of data on how countries have historically dealt with debt problems. She discusses the long menu of debt relief options that are often overlooked, criticizes the disparity between how debt problems are addressed in emerging markets and advanced economies, and applies her findings to the situations in Greece and Puerto Rico.
economy credit finance greece eurozone debt imf loan market eu default fiscal bailout union european grexit rico puerto

Authors

Harvard Kennedy School

Duration
25:29
Episode number
31
Published in
United States of America

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