Applying Risk-Sharing Finance for Economic Development
Lessons from Germany
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Springer International Publishing
2021
EPub, PDF
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978-3-030-82642-0
3-030-82642-2
Annotation
This book examines the application of risk-sharing finance as a national economic policy in history and how it stimulated economic recovery during a short period in Germany between 1933 and 1935. Economic history indicates that risk-sharing instruments have promoted socio-economic development in many parts of the world while risk-shifting methods have imposed huge socio-economic costs on many nations, leading to debt slavery on individual members. This book highlights lessons to be learned from history and argues that risk-sharing is a powerful tool for generating rapid economic recovery and resumption of growth.
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