Sovereign debt disasters and what to do about them
When a national government fails to pay back a creditor, it can have global political and economic ramifications. On Bloomberg’s Odd Lots podcast, Professor Mitu Gulati discusses the latest examples of “odious debts” and debt restructurings and the corruption and mismanagement underlying them, from Malaysia and Mozambique to Venezuela.
About Mitu Gulati
Professor of Law Mitu Gulati is a renowned expert on sovereign debt crises and restructuring. His most recent article on the topic, with Lee C. Bucheit, is Sovereign Debt Restructuring and U.S. Executive Power, 14 Capital Markets Law Journal 114-130 (2019).