{"product_id":"debt-games-strategic-interaction-in-international-debt-rescheduling-paperback-9780521555524","title":"Debt Games; Strategic Interaction in International Debt Rescheduling (Paperback) 9780521555524","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eDebt Games\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eStrategic Interaction in International Debt Rescheduling\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003eThis book explains the significant variation that has emerged over time and across cases in international debt rescheduling during the last one hundred and seventy years.\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eVinod K. Aggarwal (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780521555524, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePaperback, published 26 April 1996\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e632 pages, 7 b\/w illus.\u003cbr\u003e23 x 15.8 x 4 cm, 0.994 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003e\"It is well balanced, with a nice mix of abstract concepts, real world  indicators, and empirical richness that goes beyond illustrative  case studies.  I have no doubt that one could make a different set of trade-offs between theoretical complexity and empirical applicability.  But this impressive book should serve as a useful banchmark for years to come.  Scholars and graduate students alike will find it to be a valuable source of modeling ideas that goes well beyond the examination of international debt rescheduling.\"   Cedric Dupont, American political review\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eInternational debt rescheduling, both in earlier epochs and our present one, has been marked by a flurry of bargaining. In this process, significant variation has emerged over time and across cases in the extent to which debtors have undertaken economic adjustment, banks or bondholders have written down debts, and creditor governments and international organizations have intervened in negotiations. Debt Games develops and applies a situational theory of bargaining to analyze the adjustment undertaken by debtors and the concessions provided by lenders in international debt rescheduling. This approach has two components: a focus on each actor's individual situation, defined by its political and economic bargaining resources, and a complementary focus on changes in their position. The model proves successful in accounting for bargaining outcomes in eighty-four percent of the sixty-one cases, which include all instances of Peruvian and Mexican debt rescheduling over the last one hundred and seventy years as well as Argentine and Brazilian rescheduling between 1982 and 1994.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePreface\u003cbr\u003e Overview\u003cbr\u003e Part I. Argument: 1. Examining the importance of epochs\u003cbr\u003e 2. Debt games and play: toward a model of debt rescheduling\u003cbr\u003e 3. A situational theory of payoffs and intervention decisions\u003cbr\u003e 4. A theory of situational change\u003cbr\u003e Part II. Epoch 1: the 1820s to the 1860s: 5. The intersection of high and low politics: Mexican debt rescheduling, 1824 to 1867\u003cbr\u003e 6. Guano makes the world go 'round: Peruvian debt rescheduling, 1823 to 1850s\u003cbr\u003e Part III. Epoch 2: the 1860s to the 1910s: 7. From stability to chaos: Mexican debt rescheduling, 1867 to 1914\u003cbr\u003e 8. To the victor go the spoils (and headaches): Peruvian debt rescheduling, 1875 to 1900s\u003cbr\u003e Part IV. Epoch 3: the 1910s to the 1950s: 9. Riding on the storm: Mexican debt rescheduling, 1916 to 1942\u003cbr\u003e 10. Years of false hope: Peruvian debt negotiations, 1930 to 1953\u003cbr\u003e Part V. Epoch 4: the 1970s to the 1990s: 11. The good guys get tired: Mexico in the 1980s\u003cbr\u003e 12. The politics of confrontation: Peru in the 1980s and 1990s\u003cbr\u003e 13. Collision course: Argentina in the 1980s and 1990s\u003cbr\u003e 14. The search for independence: Brazil in the 1980s and 1990s\u003cbr\u003e Part VI. Implications: 15. Conclusion\u003cbr\u003e Appendix\u003cbr\u003e Bibliography.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: International finance [\u003ca title=\"See our other books on International finance\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22International%20finance%20%5BKCLF%5D%22\"\u003eKCLF\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":46001457103128,"sku":"9780521555524","price":38.85,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/products\/9780521555524i_5d87646f-902c-490c-bbeb-bc955c0bcb78.jpg?v=1691369615","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/debt-games-strategic-interaction-in-international-debt-rescheduling-paperback-9780521555524","provider":"Freshly Printed Books","version":"1.0","type":"link"}