When Sovereigns Go Bankrupt A Study on Sovereign Risk /

• Main Author: Gaillard, Norbert (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Springer, 2014.
• Series: SpringerBriefs in Economics,
• Subjects: Macroeconomics.; Public finance.; Economic policy.; Economics.; Public Economics.; Economic Policy.; Macroeconomics/Monetary Economics//Financial Economics.

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 th...