By the mid-1980s, Sudan's economy, society and political framework were on the point of disintegration. Civil war was exacerbating the effects of an already major famine. An unpopular government was resorting to ever more extreme measures in order to remain in power. The imposit…
In 1918, the Soviet revolutionary government repudiated the Tsarist regime sovereign debt, triggering one of the biggest sovereign defaults ever. Yet the price of Russian bonds remained high for years. Combing French archival records, Kim Oosterlinck shows that, far from irratio…
"The euro was generally considered a success in its first decade. Nevertheless, the 'unanticipated' financial crisis in the summer of 2007 has developed gradually into the worst global economic crisis in post-war economic history and a sovereign debt crisis, calling into questio…
"The euro was generally considered a success in its first decade. Nevertheless, the 'unanticipated' financial crisis in the summer of 2007 has developed gradually into the worst global economic crisis in post-war economic history and a sovereign debt crisis, calling into questio…
