The political economy of sovereign default : theory and empirics

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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Bibliographic Details
Other Authors: Hohmann, Sebastian Author (author)
Format: eBook
Language:Inglés
Published: [Place of publication not identified] Graduate Institute Publications 2012
2012
Series:eCahiers de l'Institut ; 15
Subjects:
See on Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009424677206719

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