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Sovereign Debt Crises - What Have We Learned? (Hardcover)
Loot Price: R2,919
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Sovereign Debt Crises - What Have We Learned? (Hardcover)
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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.
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