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Reputation and International Cooperation: Sovereign Debt across Three Centuries
Michael Tomz
€ 46.99
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Description for Reputation and International Cooperation: Sovereign Debt across Three Centuries
Paperback. How does cooperation emerge in a condition of international anarchy? This book attempts to answer this fundamental question through a study of international debt across three centuries. It explains how governments acquire reputations in the eyes of investors, and argues that concerns about reputation sustain international lending and repayment. Num Pages: 328 pages, 16 line illus. 27 tables. BIC Classification: JPB; JPS. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 234 x 159 x 20. Weight in Grams: 508.
How does cooperation emerge in a condition of international anarchy? Michael Tomz sheds new light on this fundamental question through a study of international debt across three centuries. Tomz develops a reputational theory of cooperation between sovereign governments and foreign investors. He explains how governments acquire reputations in the eyes of investors, and argues that concerns about reputation sustain international lending and repayment. Tomz's theory generates novel predictions about the dynamics of cooperation: how investors treat first-time borrowers, how access to credit evolves as debtors become more seasoned, and how countries ascend and descend the reputational ladder by acting contrary ... Read more
How does cooperation emerge in a condition of international anarchy? Michael Tomz sheds new light on this fundamental question through a study of international debt across three centuries. Tomz develops a reputational theory of cooperation between sovereign governments and foreign investors. He explains how governments acquire reputations in the eyes of investors, and argues that concerns about reputation sustain international lending and repayment. Tomz's theory generates novel predictions about the dynamics of cooperation: how investors treat first-time borrowers, how access to credit evolves as debtors become more seasoned, and how countries ascend and descend the reputational ladder by acting contrary ... Read more
Product Details
Format
Paperback
Publication date
2007
Publisher
Princeton University Press United States
Number of pages
324
Condition
New
Number of Pages
328
Place of Publication
New Jersey, United States
ISBN
9780691134697
SKU
V9780691134697
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
About Michael Tomz
Michael Tomz is assistant professor of political science at Stanford University.
Reviews for Reputation and International Cooperation: Sovereign Debt across Three Centuries
Winner of the 2008 Giovanni Sartori Award, for the Best Book Developing or Applying Qualitative Methods Published in 2007 "In an extraordinarily well-researched and very interesting book on the not so interesting subject of sovereign debt, Michael Tomz shows that contrary to popular belief and several dominant theories, states do now and have always cared about their international financial reputations."
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