What is it about?
This recently completed thesis provides an overview of the historical and current trends in international debt crises, especially concerning sovereign borrowing and lending practices. Particular attention is given to the rise of litigious vulture funds, as well as the possibilities of developing philosophical and practical creditor/debtor practices.
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Why is it important?
To better understand the international paradigm of sovereign borrowing and lending.
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This page is a summary of: Forging the (Ir)Responsible Sovereign Creditor: The Sovereign Debt Paradigm & Possibilities of Absolute Responsibility, SSRN Electronic Journal, January 2013, Elsevier,
DOI: 10.2139/ssrn.2313663.
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