Odious Debt pp 145-150 | Cite as

Summary and Outlook

  • Stephania Bonilla


The history of sovereign borrowing is often seen as a history of sovereign debt defaults and sovereign debt crises. As a consequence, sovereign debt has often found itself in the midst of highly emotive political and public debates. The recent financial and economic crisis has placed debt back at the heart of the problem of financial irresponsibility. Today, concerns about sovereign debt are widespread, and it is not only and no longer a purely developing country problem.


Sovereign Debt Reputation Mechanism Debt Issue Unjust Enrichment Borrowing Country 
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Copyright information

© Gabler Verlag | Springer Fachmedien Wiesbaden GmbH 2011

Authors and Affiliations

  • Stephania Bonilla

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