00711nam a2200109Ia 4500080001800000100002500018245002100043260007700064300001600141520042200157583002200579  a11.02.02 R371  aReinhart, Carment M.  aA Decade of debt  bPeterson Institute for International EconomicsaWashington, D.C.USc2011  axix, 157 p.  aShows that the debt reduction process goes on for an average period of about seven years. Places the surge in government debt in the advanced economies in historical perspective, distinguishing the timing and magnitude of earlier high-debt episodes. Summarises the findings on the temporal causal links between financial crises, rapid surges in public debt, and subseuqent sovereign restructuring or outright default.  c10/13/16kSANDRAW