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Lending to the Borrower from Hell : Debt, Taxes, and Default in the Age of Philip II

Voth, Hans-Joachim Drelichman, Mauricio

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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.

  • Utgivelsesdato:

    19.01.2014

  • ISBN/Varenr:

    9780691151496

  • Språk:

    , Engelsk

  • Forlag:

    Princeton University Press

  • Fagtema:

    Økonomi, finans, næringsliv og ledelse

  • Litteraturtype:

    Faglitteratur

  • Sider:

    328

  • Høyde:

    16.3 cm

  • Bredde:

    24.1 cm

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