[Read now] Reputation and International Cooperation: Sovereign Debt across Three Centuries






 | #624890 in Books |  Princeton University Press |  2007-09-02 |  2007-09-02 | Original language:English | PDF # 1 |  9.00 x.81 x6.00l,1.02 | File Name: 0691134693 | 328 pages

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|| |Winner of the 2008 Giovanni Sartori Award, for the Best Book Developing or Applying Qualitative Methods Published in 2007

"In an extraordinarily well-researched and very interesting book on the not so interesting subject of sovereign debt, M

How does cooperation emerge in a condition of international anarchy? Michael Tomz sheds new light on this fundamental question through a study of international debt across three centuries. Tomz develops a reputational theory of cooperation between sovereign governments and foreign investors. He explains how governments acquire reputations in the eyes of investors, and argues that concerns about reputation sustain international lending and repayment.


Tomz'...


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