Rethinking Sovereign Debt : Politics, Reputation, and Legitimacy in Modern Finance
Book Details
Format
Hardback or Cased Book
ISBN-10
0674725069
ISBN-13
9780674725065
Publisher
Harvard University Press
Imprint
Harvard University Press
Country of Manufacture
US
Country of Publication
GB
Publication Date
Feb 18th, 2014
Print length
344 Pages
Weight
646 grams
Dimensions
24.30 x 15.50 x 2.70 cms
Product Classification:
Public finance
Ksh 9,700.00
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Should South Africa be responsible for apartheid-era debt? Should Iraq be tied to Saddam Hussein's excesses? Odette Lienau 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.
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