How Long to Read Why Not Default?

How Long Does it Take to Read Why Not Default??

It takes the average reader 6 hours and 55 minutes to read Why Not Default? by Jerome E. Roos

Assuming a reading speed of 250 words per minute. Learn more

Description

How creditors came to wield unprecedented power over heavily indebted countries—and the dangers this poses to democracy The European debt crisis has rekindled long-standing debates about the power of finance and the fraught relationship between capitalism and democracy in a globalized world. Why Not Default? unravels a striking puzzle at the heart of these debates—why, despite frequent crises and the immense costs of repayment, do so many heavily indebted countries continue to service their international debts? In this compelling and incisive book, Jerome Roos provides a sweeping investigation of the political economy of sovereign debt and international crisis management. He takes readers from the rise of public borrowing in the Italian city-states to the gunboat diplomacy of the imperialist era and the wave of sovereign defaults during the Great Depression. He vividly describes the debt crises of developing countries in the 1980s and 1990s and sheds new light on the recent turmoil inside the Eurozone—including the dramatic capitulation of Greece’s short-lived anti-austerity government to its European creditors in 2015. Drawing on in-depth case studies of contemporary debt crises in Mexico, Argentina, and Greece, Why Not Default? paints a disconcerting picture of the ascendancy of global finance. This important book shows how the profound transformation of the capitalist world economy over the past four decades has endowed private and official creditors with unprecedented structural power over heavily indebted borrowers, enabling them to impose painful austerity measures and enforce uninterrupted debt service during times of crisis—with devastating social consequences and far-reaching implications for democracy.

How long is Why Not Default??

Why Not Default? by Jerome E. Roos is 412 pages long, and a total of 103,824 words.

This makes it 139% the length of the average book. It also has 127% more words than the average book.

How Long Does it Take to Read Why Not Default? Aloud?

The average oral reading speed is 183 words per minute. This means it takes 9 hours and 27 minutes to read Why Not Default? aloud.

What Reading Level is Why Not Default??

Why Not Default? 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.

Where Can I Buy Why Not Default??

Why Not Default? by Jerome E. Roos is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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