← Search

Journal of Economic Literature Vol. 62 No. 4 2024

When Nations Can't Default: A History of War Reparations and Sovereign Debt

Satyajit Chatterjee

Federal Reserve Bank of Philadelphia

Abstract

Satyajit Chatterjee of Federal Reserve Bank of Philadelphia reviews “When Nations Can't Default: A History of War Reparations and Sovereign Debt” by Simon Hinrichson. The Econlit abstract of this book begins: “Promotes the argument that war reparations are unlike other sovereign debt because the repayment is enforced by military and political force, exploring how debtor countries end up in suboptimal economic situations that do not occur during normal sovereign debt management.”

DOI
10.1257/jel.62.4.1682.r5
Volume
62
Issue
4
Pages
1689-1690
Language
en
Sources
openalex crossref

Cite