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Parameters
- 310 pages
- 11 hours of reading
More about the book
Why do lenders time and again loan money to sovereign borrowers who promptly go bankrupt? When can this type of lending work? This title looks at one famous case - the debts and defaults of Philip II of Spain. Using detailed evidence collected from sixteenth-century archives, it examines the incentives and returns of lenders.
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Lending to the Borrower from Hell, Mauricio Drelichman, Hans-Joachim Voth
- Language
- Released
- 2014
- product-detail.submit-box.info.binding
- (Hardcover)
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