Sovereign Risk and Financial Crises

by Bert Scholtens, Alexander Karmann, Michael Frenkel

Sovereign risk and financial crises play a key role in current international economic developments, particularly in the case of economic downturns. As the Asian economic crisis in the late 1990s revealed once again, financial crises are the rule rather than the exception in capitalist economies. The event also revealed that international public debt agreements are contingent claims. In a world of increasing economic interdependencies, the issues...

• Format: Paperback
• Language: English
• ISBN: 3642060803
• ISBN13: 9783642060809
• Release Date: November 2010
• Publisher: Springer
• Length: 258 Pages
• Weight: 0.85 lbs.
• Dimensions: 0.7" x 6.1" x 9.2"