How will sovereign debt markets evolve in the 21st century? We survey how the literature has responded to the Eurozone debt crisis, placing "lessons learned" in historical perspective. The crisis featured: (i) the return of debt problems to advanced economies; (ii) a bank-sovereign "doom-loop"...

Volume I. The advent of modern public borrowing -- Volume II. The Washington Consensus and its critics -- Volume III. The role of fiscal policy -- Volume IV. Market microstructure, creditor action and contagion.