The book adopts a multidisciplinary approach, integrating economics, political science, and international finance to provide a comprehensive understanding of sovereign debt. It analyzes how macroeconomic imbalances and unsustainable fiscal policies can trigger a debt crisis, ultimately threatening economic ruin. Through case studies and data from organizations like the IMF, the book demonstrates the impact of austerity measures and debt relief initiatives.
Structured in three parts, the book first establishes a theoretical framework, then examines historical cases, and finally evaluates crisis management strategies. It offers valuable insights for policymakers, investors, and anyone seeking to understand global financial stability and the political economy of national defaults.