Sovereign Debt, Europe & The Global South

Is borrowing and debt just another benign economic policy tool? Or is it a means of control and coercion? Can we address the most pressing social challenges of our time while governments are saddled with so much historical debt? When does a debt from the past become odious and illegitimate?
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Table of Contents

  1. What is debt? What is sovereign debt?
  2. Is having high levels of sovereign debt always a bad thing?
  3. What causes a debt crisis?
  4. The Bretton Woods decades
  5. The first global sovereign debt crisis
  6. Sovereign Debt Crisis in the Global North
  7. The New Debt Crisis
  8. Resolving debt crises (1): what are the options?
  9. A: The Neoliberal Approach to Resolving Debt Crises
  10. Resolving debt crises (2): conditionalities, structural adjustment & economic recovery
  11. Debt: A Guide to Further Reading
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Course Includes

  • 6 Lessons
  • 15 Topics
  • 1 Quiz
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