@article{antoniades_global_2018,
	title = {Global debt dynamics: what has gone wrong},
	shorttitle = {Global debt dynamics},
	abstract = {This paper analyses the nature and characteristics of global debt dynamics in the post global
financial crisis (GFC) period. First, we attempt to map the ways in which debt has been
moving from sector to sector, and from one group of countries to another within the global
economy. By capturing this inter-sectorial, inter-national, inter-regional movements of global
debt we aspire to contribute to a more comprehensive understanding of global debt and its
mode of operation. Second, we attempt to analyse what is wrong with global debt dynamics,
i.e. we examine the broken link between what global debt was supposed to do and what it
does. Here, we point to three interrelated dynamics: the accumulation of unproductive debt,
growing inequalities of income and wealth, and the increase in privately-created, interestbearing
money.},
	number = {Working Paper No. 13},
	journal = {University of Sussex},
	author = {Antoniades, Andreas and Griffith-Jones, Stephany},
	year = {2018},
	keywords = {finance, collapse},
	file = {Antoniades and Griffith-Jones - 2018 - Global debt dynamics what has gone wrong.pdf:C\:\\Users\\rsrs\\Documents\\Zotero Database\\storage\\IE38L9B8\\Antoniades and Griffith-Jones - 2018 - Global debt dynamics what has gone wrong.pdf:application/pdf}
}

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