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Sovereign Default and Repudiation: The Emerging-Market Debt Crisis in U.S. States, 1839-1843
Sovereign Default Repudiation
2015/9/22
n 1841 and 1842, eight states and the Territory of Florida defaulted on their sovereign
debts. Traditional histories of the default crisis have stressed the causal role of the depression
that began ...
A LEAP OF FAITH FOR SOVEREIGN DEFAULT：FROM IMF JUDGMENT CALLS TO AUTOMATIC INCENTIVES
Official policy arketplace commercial banks
2008/11/6
Official policy, whether national or global, always lags behind the
realities of the marketplace. In times of major transition, it lags behind
real policy, informal and unstated, as it responds to c...