Sovereign debt and international financial control :
General Material Designation
[Book]
Other Title Information
the Middle East and the Balkans, 1870-1914
First Statement of Responsibility
Ali Coşkun Tunçer.
.PUBLICATION, DISTRIBUTION, ETC
Place of Publication, Distribution, etc.
Houndmills, Basingstoke, Hampshire
Name of Publisher, Distributor, etc.
Palgrave Macmillan
Date of Publication, Distribution, etc.
2015
SERIES
Series Title
Palgrave studies in the history of finance.
CONTENTS NOTE
Text of Note
Machine generated contents note: 1. Introduction --;2. Governing Sovereign Debt: Defaults and Enforcement, 1870 --;1914 --;2.1. Origins of defaults: financial and monetary constraints --;2.2. Costs of defaults: enforcement and conditionality --;2.2.1. Direct sanctions and preventing access to future credit --;2.2.2. Protective clauses and bondholder committees --;2.2.3. Assignment and control of future revenues --;2.3. Summary and conclusions --;3. Political Control and Military Conquest: Egypt, 1862 --;1914 --;3.1. Khedives as borrowers: crisis, default and punishment --;3.2. Loss of political sovereignty and imperial rivalry --;3.3. Summary and conclusions --;4. Fiscal Control and Political Cooperation: The Ottoman Empire, 1854 --;1914 --;4.1. Lending to the sick man of bond markets --;4.2. loss of fiscal sovereignty and cooperation --;4.3. Summary and conclusions --;5. Control, Reform and Political Competition: Serbia, 1878 --;1914 --;5.1. newborn state surrounded by foreign creditors --;5.2. Financial control in a "land of monopolies" --;5.3. Summary and conclusions --;6. Financial Supervision and Political Resistance: Greece, 1879 --;1914 --;6.1. Financial isolation and settlement: a history of defaults --;6.2. Refining the control and "mistrust" to creditors --;6.3. Summary and conclusions --;7. International Financial Control and Sovereign Risk --;7.1. Determinants of sovereign risk before 1914: a review --;7.2. Measuring sovereign risk: sources and methodology --;7.3. Structural breaks in spread: the Bai --;Perron test --;7.4. Summary and conclusions --;8. Resistance vs Cooperation: Political Economy of International Financial Control --;8.1. Fiscal capacity, political regimes and tax systems: a review --;8.1.1. Political regime type and fiscal capacity --;8.1.2. Taxation systems and fiscal capacity --;8.1.3. Political regime type and public debt --;8.1.4. Foreign control: resistance vs cooperation --;8.1.5. Conclusion --;8.2. Varying degrees of success and the extent of control --;8.3. Political institutions and taxation systems --;8.4. Summary and conclusions --;9. Conclusion.
SUMMARY OR ABSTRACT
Text of Note
This book provides a history of sovereign debt, defaults and international financial control in the Middle East and the Balkans between 1870 and 1914.