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International Political Economy Series

Sovereign Risk and Financial Crisis

The International Political Economy of the Eurozone

Authors: Pepino, Silvia

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eBook 56,99 €
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  • ISBN 978-1-137-51164-5
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Hardcover 69,67 €
price for Spain (gross)
  • ISBN 978-1-137-51163-8
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  • The final prices may differ from the prices shown due to specifics of VAT rules
About this book

This book provides an original and timely insight into the role that the domestic and international political economy played in the Eurozone sovereign debt crisis, combining an innovative theoretical framework with in-depth bond market analysis.

About the authors

Dr Silvia Pepino is Senior Adviser at the Bank of England, UK. Previously, she worked at JPMorgan and at leading global macro funds. She has frequently been quoted in the international media. She holds a PhD from the London School of Economics and Political Science, the TRIUM MBA degree from New York University-Stern, HEC Paris and the LSE, and an MSc from Bocconi University in Milan.

Reviews

"Silvia Pepino's arguments are highly appreciable and well-researched. The methodologies that she employs and the empirical evidences that she presents qualify the work to claim an inimitable status." - Rajeesh Kumar, Jawaharlal Nehru University, India

"Sovereign debt crises are relatively rare events, particularly among advanced democracies. In this careful and original study of the pivotal Eurozone crisis, Silvia Pepino shows in detail how domestic and international political factors shape market perceptions of sovereign risk. This book should be read by all those interested in how markets and politics interrelate." - Andrew Walter, University of Melbourne, Australia

"This is an important, as well as obviously timely, advance in our understanding of investor perceptions of sovereign credit risk in general and the Euro area crisis in particular. By demonstrating that the focus of investment analysis can change over time, and broaden as default becomes a possibility, Pepino contributes to a necessary move beyond the developed / emerging market dichotomy." - Iain Hardie, University of Edinburgh, UK

"The North-Atlantic financial crisis of 2007-8 has thrown up new research questions. One such question is how high-income countries within a hard currency area could become the target of speculative financial attacks typical of emerging markets. This book makes a timely and well-researched contribution to answering this question. It provides evidence that political news played more of a role in these attacks than received wisdom has it." - Waltrauld Schelkle, London School of Economics and Political Science, UK


Table of contents (6 chapters)

Table of contents (6 chapters)
  • Sovereign Risk, Politics and the Eurozone Crisis

    Pages 1-26

    Pepino, Silvia

  • An IPE Framework for Sovereign Risk

    Pages 27-52

    Pepino, Silvia

  • Bond Spreads, EMU Design and the Run-up to the Crisis

    Pages 53-72

    Pepino, Silvia

  • The Greek Sovereign Debt Crisis

    Pages 73-95

    Pepino, Silvia

  • The Irish Sovereign Debt Crisis

    Pages 96-120

    Pepino, Silvia

Buy this book

eBook 56,99 €
price for Spain (gross)
  • ISBN 978-1-137-51164-5
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 69,67 €
price for Spain (gross)
  • ISBN 978-1-137-51163-8
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules

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Bibliographic Information

Bibliographic Information
Book Title
Sovereign Risk and Financial Crisis
Book Subtitle
The International Political Economy of the Eurozone
Authors
Series Title
International Political Economy Series
Copyright
2015
Publisher
Palgrave Macmillan UK
Copyright Holder
The Editor(s) (if applicable) and The Author(s)
eBook ISBN
978-1-137-51164-5
DOI
10.1057/9781137511645
Hardcover ISBN
978-1-137-51163-8
Series ISSN
2662-2483
Edition Number
1
Number of Pages
VIII, 176
Topics