The next economic disaster [electronic resource] : why it's coming and how to avoid it / Richard Vague ; jacket design by John Hubbard.

Issued as part of UPCC book collections on Project MUSE.

Includes bibliographical references.

Preface -- Boom and crisis -- The centrality of private debt -- Tripwire : rapid private debt growth -- The long-term trend to higher debt -- Testing the thesis on all major economies -- Stages of crisis -- China and Japan -- The deleveraging challenge -- Deleveraging in the United States and Japan -- Crisis prevention and recovery -- Restoring growth -- Recommendations for China and beyond -- The long-term view -- The bigger picture : our future debt challenge -- A reform agenda -- Conclusion -- Acknowledgments -- Notes.

Description based on print version record.