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pierre.penet [at] ens-paris-saclay.fr (Pierre Pénet)

Rethinking sovereign debt from colonial empires to hegemony

Sovereign Debt Diplomacies: Rethinking sovereign debt from colonial empires to hegemony and Pierre Pénet
Pierre Pénet
"Sovereign Debt Diplomacies: Rethinking sovereign debt from colonial empires to hegemony " (Oxford University Press, 2021, 384 p.), written by Pierre Pénet and Juan Flores Zendejas.

Abstract

This volume offers two important contributions to the literature on sovereign debt. First, it provides a unique genealogy of debt collection practices in terms of their availability, acceptability and efficacy. We argue that creditors’ tactics and methods to enforce debt repayment emerged and solidified to a large extent in relation to the threads of colonial history, from the building of empires to the decolonisation era. Second, this volume reflects critically on the relevance of neo-colonial interpretations in recent cases of sovereign debt disputes.

This is an open access title.