© 2014

Credit Ratings and Sovereign Debt

The Political Economy of Creditworthiness through Risk and Uncertainty


Part of the International Political Economy Series book series (IPES)

Table of contents

  1. Front Matter
    Pages i-xi
  2. Bartholomew Paudyn
    Pages 1-29
  3. Bartholomew Paudyn
    Pages 30-82
  4. Bartholomew Paudyn
    Pages 83-134
  5. Bartholomew Paudyn
    Pages 135-182
  6. Bartholomew Paudyn
    Pages 183-202
  7. Bartholomew Paudyn
    Pages 203-213
  8. Back Matter
    Pages 214-245

About this book


Bartholomew Paudyn investigates how governments across the globe struggle to constitute the authoritative knowledge underpinning the political economy of creditworthiness and what the (neoliberal) 'fiscal normality' means for democratic governance.


Political economy credit rating debt crisis politics of limits sovereign debt financial markets Europe Governance political economy

Authors and affiliations

  1. 1.University of VictoriaCanada

About the authors

Bartholomew Paudyn researches/lectures in the International Political Economy (IPE) of financial and debt/fiscal relations. Prior to the London School of Economics & Political Science, he was a Postdoctoral Fellow in the Dept of Political Science at the University of Victoria (Canada) and a Visiting Fellow at the Centre for the Study of Globalisation and Regionalisation at the University of Warwick (UK). His research explores how the management through risk/uncertainty fuels a growing antagonism between the imperatives of the programmatic/epistocratic and operational/politics dimensions of budgetary governance. Currently, he is involved in projects that problematise how authoritative knowledge is constituted and expertise deployed in the political economy of creditworthiness, and what financial globalisation means for some of the most fundamental challenges facing debt/fiscal relations and national, democratic self-determination to date, such as the stable development of emerging markets (BRICs) and the integrity of Economic and Monetary Union (EMU).

Bibliographic information

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