Political risks in international finance [electronic resource]
- Jason Weinreb.
- Physical description
- 1 online resource.
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|3781 2017 W||In-library use|
- Weinreb, Jason.
- Haber, Stephen H., 1957- primary advisor.
- Scheve, Kenneth F. advisor.
- Tomz, Michael, advisor.
- Stanford University. Department of Political Science.
- Political regime change creates a number of financial risks for international investors. One is sovereign risk, or the possibility that a government may fail to repay outstanding debts. A second is fiscal risk, defined as uncertainty about prospects for government revenue and excessive vulnerability to macroeconomic shocks. Finally, there is the risk that a newly-elected government will dramatically revise the economic policies of its predecessor. This thesis comprises three essays examining these risks in two different political contexts: British decolonization during the mid-twentieth century, and the present-day United States.
- Publication date
- Submitted to the Department of Political Science.
- Thesis (Ph.D.)--Stanford University, 2017.
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