Pt. I. Financial crises : an operational primer
1. Varieties of crises and their dates
2. Debt intolerance : the genesis of serial default
3. A global database on financial crises with a long-term view
Pt. II. Sovereign external debt crises
4. A digression on the theoretical underpinnings of debt crises
5. Cycles of sovereign default on external debt
6. External default through history
Pt. III. The forgotten history of domestic debt and default
7. The stylized facts of domestic debt and default
8. Domestic debt : the missing link explaining external default and high inflation
9. Domestic and external default : which is worse? who is senior?
Pt. IV. Banking crises, inflation, and currency crashes
11. Default through debasement : an "old world" favorite
12. Inflation and modern currency crashes
Pt. V. The U.S. subprime meltdown and the second great contraction
13. The U.S. subprime crisis : an international and historical comparison
14. The aftermath of financial crises
15. The international dimensions of the subprime crisis : the results of contagion or common fundamentals?
16. Composite measures of financial turmoil
Pt. VI. What have we learned?
17. Reflections on early warnings, graduation, policy responses, and the foibles of human nature.
