It takes the average reader 6 hours and 47 minutes to read Global Waves of Debt by M. Ayhan Kose
Assuming a reading speed of 250 words per minute. Learn more
The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.
Global Waves of Debt by M. Ayhan Kose is 403 pages long, and a total of 101,959 words.
This makes it 136% the length of the average book. It also has 125% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 9 hours and 17 minutes to read Global Waves of Debt aloud.
Global Waves of Debt is suitable for students ages 12 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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