Dyson, K: States, Debt, and Power

Prologue: The Perils of Sleepwalking; 1 Contextualizing Debt: History, Morality, and the Triple Structural Dimension; 2 The Nature of Sovereign Creditworthiness: Hierarchy, Sovereignty, and Responsibility; 3 Moralizing Credit: Bad Debt, Good Debt, and the Troubled Conscience; Part I: Debt and Political Rule in European History; 4 The Evolution of Public Debt; 5 Financial Repression, Debasement, and the Historic Arc of Default; 6 Theological Traces and Social Contexts; 7 The Dynamics of Public Debt in Historical Perspective: The Limitations of Economic Reasoning; Part II: Law, Culture, and Statecraft; 8 Law, Public Debt, and the Paradoxes of Power; 9 Economic Cultures, Ideologies of Debt, and State Virtue; 10 Space, Time, and Statecraft: Saints, Fallen Angels, False Prophets, Redeemers, and Sinners; Part III: State Liability and Territorial Control; 11 States and Financial Markets: The Imbalance of Power; 12 Professional Consensus, Political Silence, and Sovereign Creditworthiness; 13 The Dynamics of External Imbalances and Debt; 14 Which Truth? The Power of Indicators and Probabilistic Reasoning about Public Debt; 15 Public Debt Dynamics: Political Will and State Capacity; 16 Public Debt and Multi-Level Statehood: Sub-National Fiscal Governance, Structural Imbalances, and 'Stand-Alone' Fiscal Capacity; Part IV. Sovereign Creditworthiness and European Integration; 17 Still the 'Old' Europe? Historical Legacies and Long-Term Political Challenges; 18 The Achilles Heel of Post-War European Integration: Endogenous Preference Formation and the Boundaries of Creditor-State Power; Epilogue: History as Oracle; Glossary; References; Index

Kenneth Dyson is a Fellow of the British Academy; an Academician of the Social Sciences; a Founding Fellow of the Learned Society of Wales; a Fellow of the Royal Historical Society; and a Fellow of the Royal Society of Arts. He was twice chair of the Research Assessment Exercise Panel for European Studies; chair of the Association for the Study of German Politics, as well as of the Standing Conference of Heads of European Studies. He has held various British Academy, ESRC, and EU research grants. He was adviser for the BBC2 series 'The Money Changers'. He is Research Professor in the School of Law and Politics at Cardiff University.