Eurobonds past and present: a comparative review on debt mutualization in Europe
This paper reviews the economic and historical literature on debt mutualization in Europe with reference to pre-1914 guaranteed bonds and current Eurobonds debate. We emphasize that, notwithstanding the differences in scale and nature, debt mutualization solutions similar to Eurobonds were tried bef...
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| Format: | Journal article |
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De Gruyter
2016
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