Business debt: hidden advantage for giant firms means economy has been K-shaped for decades
(Version anglaise seulement)
par Sandy Brian Hager, Senior Lecturer in International Political Economy, City, University of London
Joseph Baines, Lecturer in International Political Economy, King's College London
When the COVID-19 pandemic first hit, it seemed like the day of reckoning for over-stretched corporate borrowers was finally at hand. For years, pundits and policymakers had been warning about a dangerous build-up of the debt of “non-financial firms”, meaning all those that aren’t in finance, insurance or property.
According to an OECD…
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lundi 11 janvier 2021