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Germany is a reluctant supporter of the EU funds which are being used in the ‘bailout' of Ireland, and it insists on strict ‘austerity' conditions, concerned about risk and moral hazard.However, through its central bank, Germany is lending €325bn (December 2010) to other central banks in...
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UK debt restructuring is undergoing a period of immense change. Two developments in particular have contributed to this … tools into the armoury of financially distressed companies wishing to restructure their debt. The second is political: the … UK’s exit from the EU has impacted on UK debt restructuring, particularly the use of English restructuring tools …
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and borrowers ample reason to care whether nonperforming debts are restructured. One implication of the way in which debt … argument is moral hazard, but (unlike in much of the recent literature of emerging market debt problems) what is central here …
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apologized and acknowledged a “moral debt” that it owes the Haitian people. But is there a legal debt that Haiti, one of the …
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"Examines the relationship between rhetoric and debt, arguing that they are fundamentally entangled in producing and … disciplining who is deemed worthy of credit and how debt materializes differentially: as a credit to some and condemnation of …
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The values of things -- Credit and coin -- The pursuit of debt -- The plunder -- Violence and resistance …
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