Lending to the borrower from hell : debt, taxes, and default in the age of Philip II /

"Why do lenders time and again loan money to sovereign borrowers who promptly go bankrupt? When can this type of lending work? As the United States and many European nations struggle with mountains of debt, historical precedents can offer valuable insights. Lending to the Borrower from Hell loo...

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Main Author: Drelichman, Mauricio, (Author)
Other Authors: Voth, Hans-Joachim, (Author)
Format: Book Electronic
Language:English
Published:Princeton : Princeton University Press, [2014]
Series:Princeton economic history of the Western world.
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Online Access:Connect to eBook (Available to people from CARLI member institutions.)
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Online Access:Connect to eBook (Available to people from CARLI member institutions.)