The Political Economy of Sovereign Default

• Päätekijä: Sebastian Hohmann (auth)
• Aineistotyyppi: Elektroninen Kirjan osa
• Kieli: englanti
• Julkaistu: Graduate Institute Publications 2012
• Aiheet: risks; State | Nation; financial globalisation; non-state actors and civil society; debt; finance; governance
• Linkit: DOAB: download the publication; DOAB: description of the publication

What do self-interested governments' needs to maintain loyal groups of supporters imply for sovereign incentives to repay debt? Many sovereign defaults have occurred at relatively low levels of debt, while some highly indebted nations continue to honour their obligations. This poses a problem f...