Why do sovereign states pay debts when they could default

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Reference no: EM133832533

Question:

What are the political factors behind the functioning of international capital markets? Why do sovereign states pay their debts when they could default?

Required

Perlman, Rebecca L. 2023. Regulating Risk: How Private Information Shapes Global Safety Standards. New York: Cambridge University Press.

Instructions:

Use the readings to support or oppose a thesis for the questions above. Be sure that you are able to devote enough space to analyzing the assigned readings above.

Develop a review of the readings above.

Reference no: EM133832533

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