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Rethinking Sovereign Debt
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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
Werezi Extended Catalogue 0 in stock

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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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