The Political Economy of Sovereign Default

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 for tr...

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Autore principale: Sebastian Hohmann
Natura: Online
Lingua:inglese
Pubblicazione: Graduate Institute Publications 2021
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Accesso online:23820
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