{"product_id":"rethinking-sovereign-debt-harvard-university-press-9780674725065-politics-reputation-and-legitimacy-in-modern-finance","title":"Rethinking Sovereign Debt","description":"\u003cp\u003eIn \"Rethinking Sovereign Debt,\" author Odette Lienau delves into the contentious issue of national responsibility for debts incurred under previous regimes, offering a critical perspective on this often-accepted norm. Published by Harvard University Press in 2014, this thought-provoking work spans 344 pages and challenges traditional views on sovereign debt continuity. Should nations like South Africa be held accountable for apartheid-era debts or should Iraq remain tethered to the excesses of Saddam Hussein? Lienau argues that the prevailing belief that countries must repay such loans is rooted in absolutist concepts and highlights that this practice is not necessarily vital for the effective functioning of capital markets. Through insightful analysis and engaging prose, \"Rethinking Sovereign Debt\" invites readers to reconsider established notions about sovereignty and financial responsibility. This book is essential for anyone interested in finance, politics, and ethics in the context of global economic systems. Discover new perspectives and engage in a crucial conversation that redefines the future of sovereign debt.\u003c\/p\u003e","brand":"Bookshop","offers":[{"title":"Default Title","offer_id":52230143738198,"sku":"9780674725065","price":70.89,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0886\/3206\/6390\/files\/9780674725065.jpg?v=1767746268","url":"https:\/\/www.bookshop.lt\/products\/rethinking-sovereign-debt-harvard-university-press-9780674725065-politics-reputation-and-legitimacy-in-modern-finance","provider":"Bookshop","version":"1.0","type":"link"}