This book examines the issue of debt sustainability from an international perspective, with reference to European countries, emerging nations, and the United States.

Edited by Barry W. Poulson; John Merrifield and Steve H. Hanke - Contributions by Fredrik Ng Andersson; Charles Paul Blahous; James C. Capretta; Kurt Couchman; Xavier Debrun; Vera Z. Eichenauer; Lars P. Feld; Pablo Guidotti; Steve H. Hanke; Lars Jonung; J

Chapter 1: Organizing Congress for Budget Reforms by Kurt COUCHMAN

Chapter 2: Debt Fatigue and the Climacteric in U.S. Economic Growth by John MERRIFIELD and Barry POULSON

Chapter 3: Preparing for the Next Crisis: Lessons from the Successful Swedish Fiscal Framework by Lars JONUNG and Fredrik NG ANDERSSON

Chapter 4: The Swiss Federal Debt Brake and its Unbudgeted Surpluses by Vera Z. Eichenauer and Jan-Egbert Sturm

Chapter 5: The German Debt Brake: Success Factors and Challenges by Lars P. Feld and Wolf H. Reuter

Chapter 6: A Money Doctor's Reflections on Currency Reforms and Hard Budget Constraints: A Stroll Down Memory Lane by Steve H. Hanke

Chapter 7: Fiscal Rules and Public Debt: An Emerging Market Perspective by Pablo Guidotti

Chapter 8: Populist Economic Thought: the Legacy of Juan Domingo Perón by Carlos Newland and Emilio OCampo

Chapter 9: Monetary Policy and the Worsening U.S. Debt Crisis by Norbert J. Michel

Chapter 10: The Federal Reserve and the Debt Crisis by Tom Saving

Chapter 11: The High Costs of Fiscal and Monetary Anomie: Argentina since 1945 by Emilio OCampo

Chapter 12: The Failure to Establish Effective Rules for Financing U.S. Federal Entitlement Programs by Charles Blahous

Chapter 13: Fiscal Rules for Social Security and Medicare: Would Accrual Accounting Help? By James C. Capretta