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Für einen Schuldenschnitt und gegen den Rettungsschirm? Argumente auf dem Prüfstand

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  • Boysen-Hogrefe, Jens

Abstract

Die jüngste Zuspitzung der griechischen Schuldenkrise hat die Diskussion über einen möglichen Schuldenschnitt erneut angefacht. Dabei werden häufig Regelungen gefordert, die im Gegensatz zum aktuellen Rettungsschirm und den bestehenden Beschlüssen für dessen Anschlussreglungen einen automatisierten Schuldenschnitt vorsehen mit dem Ziel, die privaten Gläubiger und somit auch die Schuldner zu disziplinieren. Der folgende Beitrag stellt die Frage, ob der Anreizaspekt in der aktuellen Kritik am Rettungsschirm möglicherweise überbetont wird und setzt sich kritisch mit den Argumenten der Gegner des Rettungsschirms auseinander.

Suggested Citation

  • Boysen-Hogrefe, Jens, 2011. "Für einen Schuldenschnitt und gegen den Rettungsschirm? Argumente auf dem Prüfstand," Kiel Policy Brief 29, Kiel Institute for the World Economy (IfW Kiel).
  • Handle: RePEc:zbw:ifwkpb:29
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    References listed on IDEAS

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    1. Christian Aßmann & Jens Boysen-Hogrefe, 2012. "Determinants of government bond spreads in the euro area: in good times as in bad," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 39(3), pages 341-356, August.
    2. Carmen M. Reinhart & Kenneth S. Rogoff, 2014. "This Time is Different: A Panoramic View of Eight Centuries of Financial Crises," Annals of Economics and Finance, Society for AEF, vol. 15(2), pages 215-268, November.
    3. Boysen-Hogrefe, Jens, 2010. "Ist Griechenland noch zu retten? Und der Euro?," Kiel Policy Brief 19, Kiel Institute for the World Economy (IfW Kiel).
    4. Mr. Axel Schimmelpfennig & Nouriel Roubini & Paolo Manasse, 2003. "Predicting Sovereign Debt Crises," IMF Working Papers 2003/221, International Monetary Fund.
    5. Miguel Messmacher & Mark Kruger, 2004. "Sovereign Debt Defaults and Financing Needs," IMF Working Papers 2004/053, International Monetary Fund.
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    Cited by:

    1. Schmid, Peter Alfons, 2012. "The crisis of the EMU," MPRA Paper 40390, University Library of Munich, Germany.

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