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Lending to the Borrower from Hell: Debt, Taxes, and Default in the Age of Philip II - The Princeton Economic History of the Western World Mauricio Drelichman
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Lending to the Borrower from Hell: Debt, Taxes, and Default in the Age of Philip II - The Princeton Economic History of the Western World
Mauricio Drelichman
Why do lenders time and again loan money to sovereign borrowers who promptly go bankrupt? When can this type of lending work? This title looks at one famous case - the debts and defaults of Philip II of Spain. Using detailed evidence collected from sixteenth-century archives, it examines the incentives and returns of lenders.
328 pages, 4 halftones. 32 line illus. 29 tables.
| Media | Books Hardcover Book (Book with hard spine and cover) |
| Released | January 19, 2014 |
| ISBN13 | 9780691151496 |
| Publishers | Princeton University Press |
| Pages | 328 |
| Dimensions | 241 × 163 × 25 mm · 585 g |
| Language | English |
