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Lending to the Borrower from Hell - Debt, Taxes, and Default in the Age of Philip II

Lending to the Borrower from Hell - Debt, Taxes, and Default in the Age of Philip II

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Merchant: Platekompaniet.no

Brand:

599,00 kr 524,00 kr

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.

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