- Publisher: Cambridge University Press
- Online publication date: November 2017
- Print publication year: 2017
- Online ISBN: 9781108227001
- DOI: https://doi.org/10.1017/9781108227001
There is an obvious need to learn more about why some countries succeed and others fail when dealing with debt crises. Why do some sovereign debtors overcome economic problems very quickly and at minor human rights costs for their people, while others remain trapped by debts for years struggling with overwhelming debt burdens and exacerbating economic problems and human suffering? This book analyzes fourteen unique or singular country cases of sovereign debt problems that differ characteristically from the 'ordinary' debtor countries, and have not yet received enough or proper attention - some regarded as successful, some as unsuccessful in dealing with debt crises. The aim is to contribute to a better understanding of the policy options available to countries struggling with debt problems, or how to resolve a debt overhang while protecting human rights, the Rule of Law and the debtor's economic recovery.
Lee C. Buchheit - Cleary, Gottlieb Steen and Hamilton LLP
Barry Eichengreen - George C. Pardee and Helen N. Pardee Professor of Economics and Political Science, University of California, Berkeley
James K. Galbraith - author of Welcome to the Poisoned Chalice: The Destruction of Greece and the Future of Europe
Anna Gelpern - Georgetown University, Washington, DC
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