Financial Crises, Sovereign Risk and the Role of Institutions

• Corporate Author: SpringerLink (Online service)
• Other Authors: Maltritz, Dominik (Editor), Berlemann, Michael (Editor)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Springer, 2013.
• Subjects: Finance.; Macroeconomics.; International economics.; European Economic Community literature.; Public finance.; Economics.; Macroeconomics/Monetary Economics//Financial Economics.; Public Economics.; European Integration.; Finance, general.; International Economics.

The recent world economic crisis showed very clearly that financial crises and sovereign defaults are severe threats to economic and social prosperity. In addition, it became apparent that currency crises and banking crises often occur together and are closely related to sovereign debt crises and de...