Financial Innovations and Monetary Reform: How to Get Out of the Debt Trap

This book provides a framework for a global reform of the world monetary system and proposes converting a significant share of public debt into net equities in the world of business and goods production to find new profitable investment projects. The authors believe this approach can accompany and enhance a movement of implementing national and international investment programs in major infrastructures and research projects.

Format: Hardback
Length: 191 pages
Publication date: 31 January 2023
Publisher: Springer International Publishing AG

This groundbreaking book, penned by two esteemed experts in multinational accounting and billion-dollar international investment funds, presents a comprehensive framework for a global reform of the world monetary system. It offers a novel approach to addressing public debt, a pressing issue observed in numerous countries across Europe and worldwide. The authors propose a transformative solution by transforming sterile financial masses, which have become detached from the real economy due to their lack of interest, into wealth. To facilitate this return to the real economy, they suggest converting a substantial portion of public debt into net equities within the world of business and goods production. This bold initiative aims to identify new profitable investment projects, fostering economic growth and development.

The authors firmly believe in the feasibility of their idea and diligently strive to demonstrate its technical viability. They are confident that this approach can complement and reinforce a growing movement, exemplified by the implementation of extensive national and international investment programs in critical infrastructures and cutting-edge research projects in innovative sectors.

This third book, a testament to the authors' extensive expertise, is specifically designed for professionals in the financial industry, encompassing decision-makers at banks, accounting and private equity firms, as well as policymakers at central banks and government institutions actively engaged in the implementation of financial and monetary reforms. By delving into the intricacies of global finance, this invaluable resource provides valuable insights and strategies for navigating the ever-evolving landscape of the financial world.

Weight: 506g
Dimension: 235 x 155 (mm)
ISBN-13: 9783031241888
Edition number: 1st ed. 2023