A CROSS-COUNTRY HISTORICAL ANALYSIS OF SOVEREIGN DEBT AND HOW IT CAN BE APPLIED TO UNITED STATES SOVEREIGN DEBT
AuthorSchmietenknop, Stefan Earl
MetadataShow full item record
PublisherThe University of Arizona.
RightsCopyright © is held by the author. Digital access to this material is made possible by the University Libraries, University of Arizona. Further transmission, reproduction or presentation (such as public display or performance) of protected items is prohibited except with permission of the author.
AbstractThis paper will discuss the topic of sovereign debt in the United States as well as analyze different countries’ historical strategies to lower their own sovereign debts. These strategies have prevented other countries from losing international reputation, which causes them to no longer be able to borrow from foreign lenders. This topic of the United States’ sovereign debt problem is widely discussed as it as viewed as not urgent in today’s day in age, but unsolved it could lead to serious repercussions for the United States. Upon analysis of other countries’ historical strategies this paper will outline specific cuts in spending as well as increases in specific revenue areas that will ensure a reduction in the United States sovereign debt.
Degree ProgramBusiness Economics