Jump to ContentJump to Main Navigation
Too Little, Too LateThe Quest to Resolve Sovereign Debt Crises$
Users without a subscription are not able to see the full content.

Martin Guzman, José Antonio Ocampo, and Joseph E. Stiglitz

Print publication date: 2016

Print ISBN-13: 9780231179263

Published to Columbia Scholarship Online: January 2017

DOI: 10.7312/columbia/9780231179263.001.0001

Show Summary Details

Introduction

Introduction

Chapter:
(p.xiii) Introduction
Source:
Too Little, Too Late
Author(s):

Martin Guzman

José Antonio Ocampo

Joseph E. Stiglitz

Publisher:
Columbia University Press
DOI:10.7312/columbia/9780231179263.003.0001

Sovereign debt crises are becoming, once again, frequent. In some cases, the costs to the citizens of those countries facing such crises have been enormous. Deficiencies in the mechanisms for resolving such crises cast a pallor over countries that are not yet in a crisis but worry that they might become so; and indeed, the high costs and uncertainties associated with debt restructuring dampen cross-border capital flows and force especially developing countries and emerging markets to pay higher interest rates than might be the case if there were better ways of resolving these debt problems....

Columbia Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us .