Rethinking sovereign debt : politics, reputation, and legitimacy in modern finance /
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TextPublication details: London, Harvard University Press; c2014Description: 331 pagesISBN: - 9780674725065 (hbk.)
- 336.3'4 LIE
- HJ8015 .L54 2014
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| 333.7 ISO Environmental issues and policies / | 334 BAJ Capital and the debt trap : | 334.2 BIR Finance in an age of austerity : | 336.3'4 LIE Rethinking sovereign debt : | 336.3'435 WOR Global Development Finance 2012; | 336.2 MEL Taxation : | 336.3 FIS Fiscal policy in transition/ |
Includes bibliographical references (pages 241-317) and index.
The author shows that sovereign debt continuity - the rule that nations must repay loans even after a regime change - relies on absolutist ideas, and explains why the practice is not essential for functioning capital markets.
oif 12/06/15
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