When Nations Can't Default: A History of War Reparations and Sovereign Debt
本书论证战争赔款不同于其他主权债务,因其偿还受军事和政治力量强制,导致债务国陷入正常主权债务管理不会出现的次优经济困境。
Satyajit Chatterjee of Federal Reserve Bank of Philadelphia reviews “When Nations Can't Default: A History of War Reparations and Sovereign Debt” by Simon Hinrichson. The Econlit abstract of this book begins: “Promotes the argument that war reparations are unlike other sovereign debt because the repayment is enforced by military and political force, exploring how debtor countries end up in suboptimal economic situations that do not occur during normal sovereign debt management.”