Loading
Book Talk “When Nations Can’t Default” with Simon Hinrichsen
Date and time
Wednesday 25. September 2024 at 14:30 to 15:45
Registration Deadline
Wednesday 25. September 2024 at 09:00
Location
CBS Kilen, KS 43 (ground floor),
Kilevej 14A, Frederiksberg,
2000 Copenhagen
CBS Kilen, KS 43 (ground floor)
Kilevej 14A, Frederiksberg
2000 Copenhagen
Book Talk “When Nations Can’t Default” with Simon Hinrichsen
Event Description
The OMG (Organizations, Markets and Governance) group at IOA invites you for a presentation of “When Nations Can’t Default: A History of War Reparations and Sovereign Debt” by Simon Hinrichsen. This historical, yet timely book provides a political economy perspective on sovereign debt in times of wars and geopolitical struggle.
War reparations have been large and small, repaid and defaulted on, but the consequences have almost always been significant. Ever since Keynes made his case against German reparations in The Economic Consequences of the Peace, the effects of transfer payments have been hotly debated. When Nations Can't Default tells the history of war reparations and their consequences by combining history, political economy, and open economy macroeconomics. It visits often forgotten episodes and tells the story of how reparations were mostly repaid - and when they were not. Analysing fifteen episodes of war reparations, this book argues that reparations are unlike other sovereign debt because repayment is enforced by military and political force, making it a senior liability of the state.
Simon Hinrichsen is an external associate professor at the University of Copenhagen. He was previously a visiting fellow at the London School of Economics. He has been involved in sovereign debt and financial markets for over a decade.
Event Location
Click to view the event location on Google Maps >
Organizer Contact Information
Copenhagen Business School
Phone: +45 3815 3815
seminar.ioa@cbs.dk
Organizer Contact Information
Copenhagen Business School
Phone: +45 3815 3815
seminar.ioa@cbs.dk