Compare Prices | Create Shopping Lists with Price Drop Alerts | Set Coupons, Promo Codes & Sales Alerts | Get Access to Exclusive Deals and Much More... All in One Place | Read all about it here

When Sovereigns Go Bankrupt

When Sovereigns Go Bankrupt

Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9783319089881
Condition
New
Product Description

The public debt crisis that Eurozone countries have experienced since 2010 has been accompanied by a resurgence of sovereign risk. Greece was obliged to restructure its debt in 2012. The credit position of even the wealthy countries is shakier than at any time since the Great Depression. Now more than ever it is essential to understand sovereign risk because the default of a country, or even its lack of credibility, is bound to jeopardize political stability and weaken the credit standing of all other economic actors. This book reviews and analyzes the different means used to forestall and protect against sovereign defaults. In light of the Eurozones 2010-2012 sovereign debt crisis, this book also emphasizes the roots of sovereign creditworthiness. Chapter 1 establishes a typology of sovereign defaults. A sovereign bankruptcy may take many forms (debt repudiation, moratorium, restructuring, etc.). Chapter 2 presents the different contractual and legal tools used to protect against sovereign defaults. Chapter 3 investigates how some investors have been able to interfere with the debtors economic policy by insisting that measures be taken to reduce the risk of default in the short and medium term. Such interference can be direct or may be more subtle. There is a specific focus on the conditionality imposed by the International Monetary Fund. Chapter 4 studies the various tools that investors can use to discriminate among borrowers and forecast debt crises (bond yields and spreads as well as ratings provided by Fitch, Moodys, Standard & Poors, and Euromoney Country Risk). Chapter 4 also demonstrates that sovereign debtors must overcome seven types of risk in order to preserve their creditworthiness: natural disaster, geopolitical risk, institutional and political risk, economic risk, monetary and exchange rate risk, fiscal and tax-system risk, and debt-related risk.

Available Colors
Available Sizes
1 Offer Price Range: $39.99 - $39.99
BEST PRICE

Single Product Purchase

$39.99
@ Link.springer.com     BUY Now

Price Comparison

Seller Contact Seller List Price On Sale Shipping Best Promo Final Price Volume Discount Financing Availability Seller's Page
BEST PRICE
1 Product Purchase
@ Link.springer.com
Contact Store Call Store Contact Support
$39.99 $39.99

$39.99
See Site In stock Visit Store

Similar Products

Philip Larkin and English Poetry

$109.99

International Yearbook of Nephrology 1993

$39.99

Phosphorus Chemistry I

$169.00

Ubuntu Netbooks

$19.99

Pro Spring Boot

$34.99

Research in Early Childhood Science Education

$179.99

Munch, Crunch, Snacks and Lunch

$5.21

Infinity Properads and Infinity Wheeled Properads

$54.99

Frauenpower

$24.99

Lecture Notes on the General Theory of Relativity

$69.99

Goffman-Handbuch

$99.99

Molecular Orbital Calculations for Amino Acids and Peptides

$39.99

Semiconductor Optics and Transport Phenomena

$119.99

Financial Institutions and Markets in Southeast Asia

$39.99

The Surgical Management of the Diabetic Foot and Ankle

$79.99

Capetian Women

$109.99

Smart Sensor Networks

$169.00

Cultural Economics

$129.00

Finite Markov Chains

$79.99

Biology Education for Social and Sustainable Development

$49.99

Hemodynamic Monitoring

$84.99

Structural Materials

$179.99

Von der Erkenntniskritik zur Kritischen Theorie der Gesellschaft

$59.99

Waves Called Solitons

$129.99

Interrelations between Essential Metal Ions and Human Diseases

$169.00

The Inclusive City

$64.99

Using Rational-Emotive Therapy Effectively

$169.99

Technologie der Holzverkohlung und der Fabrikation von Essigsure, Aceton, Methylalkohol und sonstig

$84.99

Indigenous African Language Media

$139.99

Contrast Agents I

$259.00

On-Chip Power Delivery and Management

$139.00

Theorie der Gezeitenkrfte

$59.99

Erfolgsfaktor Kundenzufriedenheit

$69.99

Therapeutic Potentials of Curcumin for Alzheimer Disease

$169.99

Formeln und Ste fr die Speiellen Funktionen der Mathematischen Physik

$49.99

Early Life History and Recruitment in Fish Populations

$259.00

Grundkurs Funktionentheorie

$29.99

Flexibel studieren Vereinbarkeit ermglichen

$59.99

Outrage: Art, Controversy, and Society

$54.99

Die neueste Entwicklung der Wasserhaltung. Versuche mit verschiedenen Pumpensystemen

$69.95