When Nations Can't Default A History of War Reparations and Sovereign Debt |
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| Author:
| Hinrichsen, Simon |
| Series title: | Studies in Macroeconomic History Ser. |
| ISBN: | 978-1-009-34392-3 |
| Publication Date: | Nov 2023 |
| Publisher: | Cambridge University Press
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| Book Format: | Hardback |
| List Price: | USD $110.00 |
Book Description:
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This book explores the economic effects of war reparations, with a focus on how sovereign debt has financed the transfers. Results have varied: from quick repayments of large reparations to catastrophic economic crises. The occurring theme across the book has been that enforcement of debt contracts has important consequences.
This book explores the economic effects of war reparations, with a focus on how sovereign debt has financed the transfers. Results have varied: from quick repayments of large reparations to catastrophic economic crises. The occurring theme across the book has been that enforcement of debt contracts has important consequences.