apologized and acknowledged a “moral debt” that it owes the Haitian people. But is there a legal debt that Haiti, one of the …

We review the state of the sovereign debt literature and point out that the canonical model of sovereign debt cannot be … easily reconciled with several facts about sovereign debt pricing and servicing. We identify and classify twenty puzzles … puzzles into three categories: puzzles about how sovereigns issue debt; puzzles about the pricing of sovereign debt; and …

must be sought—sovereign debt restructuring —remains unpredictable and disorderly.Third, the human cost of prodigal … sovereign borrowing, reckless sovereign lending or incompetent sovereign debt restructuring is incalculable. Perusing a major …

We review the state of the sovereign debt literature and point out that the canonical model of sovereign debt cannot be … easily reconciled with several facts about sovereign debt pricing and servicing. We identify and classify twenty puzzles … puzzles into three categories: puzzles about how sovereigns issue debt; puzzles about the pricing of sovereign debt; and …