The presentation will be a primer on sovereign default, which is very different from private default. It is a strategic choice and not one of solvency. Moreover, the ability and willingness of creditors to sanction the debtor is limited. I will also discuss the large role of negative market sentiment which has been at the focus of the European crisis.
Emile-Alexandre Marin, PhD in Economics focusing on international macroeconomics and finance - also your friendly Bar Chair.