Sovereign Debt Diplomacies

Juan Flores Zendejas has a PhD in Economics from Sciences Po Paris. Before joining the Department of History, Economics, and Society at the University of Geneva as an Associate Professor in 2008, Flores Zendejas held a tenure-track position at the University Carlos III in Madrid (Spain). He has been invited professor in other universities in Mexico, Spain, Uruguay, and Switzerland. He has also worked for the Mexican Government and as external consultant to the Mexican Senate, to the private sector, and to the OECD. Flores Zendejas works on financial crises and sovereign defaults in a long-term perspective, and on the economic history of Latin America. Pierre Pénet holds a PhD in Sociology from Northwestern University and Sciences Po Paris (2014). He is a CNRS researcher at the École Normale Supérieure Paris-Saclay (IDHES) and a former Fellow at the Paris Institute for Advanced Study (2019-20). His expertise straddles the boundaries of economic sociology and the history of quantification. He has worked extensively on topics of credit rating agencies, the European debt crisis, austerity pro- grammes, and the legal doctrine of odious debt. His work has been published by the British Journal of Sociology, European Journal of Sociology, Poetics, Sociologie du Travail, etc. His forthcoming book on financial prophecies will study the economists who claim to have predicted the 2008 financial crisis.

• Pierre Pénet and Juan Flores Zendejas: Introduction: Sovereign Debt Diplomacies 1: Pierre Pénet And Juan Flores Zendejas: Rethinking Sovereign Debt from Colonial Empires to Hegemony Section 1. Imperial Solutions to Sovereign Debt Crises (1820-1933) 2: Juan Flores Zendejas And Felipe Ford Cole: Sovereignty and Debt in 19th Century Latin America 3: Ali Coskun Tunçer: Foreign Debt and Colonisation in Egypt and Tunisia (1840-1882) 4: Nicolas Degive And Kim Oosterlinck: Independence and the Effect of Empire: The Case of 'Sovereign Debts' issued by British Colonies Section 2. Debt Disputes in The Age Of Financial Repression: When Repayment Takes A Backseat (1933-1970s) 5: Gustavo Del Angel And Lorena Perez: The Fortune of Geopolitical Conditions in Debt Diplomacy: Mexico's Long Road to the 1942 Foreign Debt Settlement 6: Laura De La Villa: The Multilateral Principle-Based Approach to the Restructuring of German Debts in 1953 7: Juan Flores Zendejas, Pierre Pénet, and Christian Suter: The Revenge of Defaulters: Sovereign Defaults and Interstate Negotiations in the Post-War Financial Order Section 3. Postcolonial Transitions and the Hopes for a New International Economic Order (1960s-1980s) 8: Grégoire Mallard: We Owe You Nothing: Decolonization and Sovereign Debt Obligations in International Public Law 9: Michael Waibel: Decolonization and Sovereign Debt: A Quagmire 10: Quentin Deforge And Benjamin Lemoine: Third World Project and the Battles of Debt: Macro Financial Agenda versus Technical Assistance at UNCTAD Section 4. The Legalisation of Sovereign Debt Disputes Between Wish and Reality (1990s-Present) 11: Giselle Datz: Placing Contemporary Sovereign Debt: The Fragmented Landscape of Legal Precedent and Legislative Preemption 12: Mitu Gulati And Ugo Panizza: Maduro Bonds 13: Anusha Chari And Ryan Leary: Contract Provisions, Default Risk, and Bond Prices: Evidence from Puerto Rico Odette Lienau: Concluding Remarks: (Neo)Colonialism, (Neo)Imperialism, and Hegemony

This book skillfully brings sovereign debt out of the corners of wonky international finance and into the world of international studies, where diplomacy, history, and globalization intersect with government borrowing and long-term debt.