Quis custodiet quem? Sovereign Debt and Bondholders' Protection Before 1914.
The half-century before World War I has been characterized as the ¯rst age of ¯nancial glob- alization. This paper focuses on the role and signi¯cance of the bondholders' organizations for the governance of this market. I argue that the outcome of these institutions depended on two dimensions:...
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| Format: | Working paper |
| Language: | English |
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Department of Economics (University of Oxford)
2007
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