List of Boxes

1.1 Debt glossary 9
1.2 The this-time-is-different syndrome on the eve of the Crash of 1929 16
5.1 The development of international sovereign debt markets in England and Spain 69
5.2 External default penalized: The extraordinary case of Newfoundland, 1928-1933 81
5.3 External default penalized? The case of the missing "Brady bunch" 83
6.1 France's graduation after eight external defaults, 1558-1788 88
6.2 Latin America's early days in international capital markets, 1822-1826 93
7.1 Foreign currency-linked domestic debt: Thai tesobonos? 108
16.1 Global financial crises: A working definition 260