Higher Debt, Higher Growth: A short history of debt accumulation in Europe
- Pages: 20
- Published: November 2015
- Report Code: ML00019-049
In the 1980s, Europeans became hooked on debt to afford their lifestyle. Bank loans, a range of mortgages and credit cards became a necessity.The debt fueled economy produced one of the most spectacular economic crashes ever seen. However, policy makers still believe that more consumer credit is the only solution to the crisis, even though it generates instability over future debt repayment.
Scope
Uses statistical analysis to predict the impact of expanded consumer credit on the manufacturing sector in Europe.
Understand how Europeans have accumulated debt and the impact this has had on the region's economies.
Analyzes the potential impact quantitative easing may have on the output levels of the euro area economy, including within the manufacturing industry.
Compares Europe's debt accumulation to that of Japan and the US
Reasons to buy
Should developed economies become highly dependent on consumer credit to expand?Is the manufacturing sector benefiting from Quantitative Easing (QE)?
Companies mentioned
None
Table of Contents
List of Tables
List of Figures
Pricing
Discounts available for multiple purchases.