Barry Eichengreen on Fixing the Debt Problem, Dollar Demise and Tech Impacts
Macro Hive Conversations With Bilal Hafeez
00:00
Reducing Debt: Strategies and Challenges
This chapter explores various strategies for reducing high debt levels in countries, focusing on the effectiveness of running primary surpluses. It discusses the political and economic factors that influence the implementation of primary surpluses and analyzes the consequences of austerity measures after the global financial crisis. The chapter also delves into alternative approaches such as primary services and financial oppression, as well as the implications of inflation as a debt reduction tool.
Transcript
Play full episode
