Spring 2026 International Finance & Economic Policy IA7500 section 001

Sovereign Debt and Power Dynamics

Sovereign Debt & Power

Call Number 10313
Points 3
Grading Mode Standard
Approvals Required None
Instructor Martin Guzman
Type SEMINAR
Method of Instruction In-Person
Course Description

This course explores the economics and politics of sovereign debt, focusing on the sustainability of public borrowing and the power dynamics shaping debt resolution processes. Students will analyze how debt decisions are made under uncertainty and examine the implications for domestic economies and the global financial system. The course is divided into two parts: the first covers the structure of sovereign debt, market incentives, and macroeconomic linkages; the second examines sovereign debt crises, including restructuring processes, negotiation challenges, and the roles of key institutions such as the IMF. Case studies—including Argentina, Greece, Puerto Rico, and ongoing restructurings in developing economies—provide practical insight. The course is designed for students interested in policymaking, international finance, or advanced academic work in this field. 

Web Site Vergil
Department International Finance & Economic Policy
Enrollment 0 students (20 max) as of 5:05PM Wednesday, October 8, 2025
Subject International Finance & Economic Policy
Number IA7500
Section 001
Division School of International and Public Affairs
Open To SIPA
Section key 20261IFEP7500U001