In their article (and the book) This Time is Different, Carmen M. Reinhart and Kenneth S. Rogoff
Question:
In their article (and the book) “This Time is Different,” Carmen M. Reinhart and Kenneth S. Rogoff asserted the view that both countries and creditors do learn from their mistakes, and due to better-informed macroeconomic policies and more discriminating lending practices, it is argued that the world may not see any major defaults again. What elements can you find in chapter 20 to support this assertion?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
International Economics Theory And Policy
ISBN: 9781292409719
12th Edition
Authors: Paul Krugman , Maurice Obstfeld, Marc Melitz
Question Posted: