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Rethinking Sovereign Debt

By: Odette Lienau (Author)

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Ksh 11,350.00

Format: Hardback or Cased Book

ISBN-13: 9780674725065

Publisher: Harvard University Press

Publication Date: Feb 18th, 2014

Weight: 646 grams

Dimension: 24.30 x 15.50 x 2.70 cms

Category: Public finance

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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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