When Sovereigns Go Bankrupt
This article summarizes the book “When Sovereigns Go Bankrupt” (Gaillard 2014), which provides a fresh analysis of how to cope with sovereign risk in the… Read More »When Sovereigns Go Bankrupt
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Eurozone, Sovereign Ratings and Bond Yields
This column explains how and why sovereign ratings and bond yields failed to anticipate the Eurozone debt crisis. It also argues that, paradoxically, sovereign ratings… Read More »Eurozone, Sovereign Ratings and Bond Yields