Sovereign Debt: From Safety to Default
Copyright © 2011 John Wiley & Sons, Inc. All rights reserved.
Author(s): Robert W. Kolb
Published Online: 29 NOV 2011 10:39AM EST
Print ISBN: 9780470922392
Online ISBN: 9781118267073
About this Book
About The Product
An intelligent analysis of the dangers, opportunities, and consequences of global sovereign debt
Sovereign debt is growing internationally at a terrifying rate, as nations seek to prop up their collapsing economies. One only needs to look at the sovereign risk pressures faced by Greece, Spain, and Ireland to get an idea of how big this problem has become. Understanding this dilemma is now more important than ever, that's why Robert Kolb has compiled Sovereign Debt. With this book as your guide, you'll gain a better perspective on the essential issues surrounding sovereign debt and default through discussions of national defaults, systemic risk, associated costs, and much more. Historical studies are also included to provide a realistic framework of reference.
- Contains up-to-date research and analysis on sovereign debt from today's leading practitioners and academics
- Details the dangers of defaults and their associated systemic risks
- Explores the past, present, and future of sovereign debt
The repercussions of a national default are all-encompassing as global markets are intricately interwoven in the modern world. Sovereign Debt examines what it will take to overcome the challenges of this market and how you can deal with the uncertainty surrounding it.