High public debt often produces the drama of default and restructuring. But debt is also reduced through financial repression, a tax on bondholders and savers v

Since the late 1980's, many OECD governments have invested heavily in improving the quality of their debt management practices. In recent years, the topic has r

A dive into the origins, management, and uses and misuses of sovereign debt through the ages. Public debts have exploded to levels unprecedented in modern histo

An integrated approach to the economics of sovereign default Fiscal crises and sovereign default repeatedly threaten the stability and growth of economies aroun

This book is an attempt to build some structure around the issues of sovereign debt to help guide economists, practitioners, and policymakers through this compl