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When Nations Can't Default

About When Nations Can't Default

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.

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  • Language:
  • English
  • ISBN:
  • 9781009343923
  • Binding:
  • Hardback
  • Pages:
  • 200
  • Published:
  • November 1, 2023
  • Dimensions:
  • 236x159x23 mm.
  • Weight:
  • 514 g.
  In stock
Delivery: 3-5 business days
Expected delivery: February 6, 2025

Description of When Nations Can't Default

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.

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