Engaging and informative, this timely guide will help you put many of the issues associated with this area of international finance in perspective. Sovereign debt?borrowing by governments?has long been a feature of world finance.
This book provides a thorough legal analysis of sovereign indebtedness, examining four typologies of sovereign debt – bilateral debt, multilateral debt, syndicated debt and bonded debt – in relation to three crucial contexts: genesis, ...
The last time global sovereign debt reached the level seen today was at the end of the Second World War, and this shaped a generation of economic policymaking.
This paper surveys the literature on sovereign debt from the perspective of understanding how sovereign debt differs from privately issue debt, and why sovereign debt is deemed safe in some countries but risky in others.
This book is an attempt to build some structure around the issues of sovereign debt to help guide economists, practitioners, and policymakers through this complicated, but not intractable, subject.
The last time global sovereign debt reached the level seen today was at the end of the Second World War, and this shaped a generation of economic policymaking.