International debt rescheduling, both in earlier epochs and our present one, has been marked by a flurry of bargaining. In this process, significant variation has emerged over time and across cases in the extent to which debtors have undertaken economic adjustment, banks or bondholders have written down debts, and creditor governments and international organizations have intervened in negotiations. Debt Games develops and applies a situational theory of bargaining to analyze the adjustment undertaken by debtors and the concessions provided by lenders in international debt rescheduling. This approach has two components: a focus on each actor's individual situation, defined by its political and economic bargaining resources, and a complementary focus on changes in their position. The model proves successful in accounting for bargaining outcomes in eighty-four percent of the sixty-one cases, which include all instances of Peruvian and Mexican debt rescheduling over the last one hundred an
International debt rescheduling, both in earlier epochs and our present one, has been marked by a flurry of bargaining. In this process, significant variation has emerged over time and across cases in the extent to which debtors have undertaken economic adjustment, banks or bondholders have written down debts, and creditor governments and international organizations have intervened in negotiations. Debt Games develops and applies a situational theory of bargaining to analyze the adjustment undertaken by debtors and the concessions provided by lenders in international debt rescheduling. This approach has two components: a focus on each actor's individual situation, defined by its political and economic bargaining resources, and a complementary focus on changes in their position. The model proves successful in accounting for bargaining outcomes in eighty-four percent of the sixty-one cases, which include all instances of Peruvian and Mexican debt rescheduling over the last one hundred an
The book is a comprehensive study of India's relationship with the non-proliferation regime, and its transformative evolution from a perennial outlier to one seeking greater integration with the regime and its normative structures. The highlight of this study is its incisive conceptual analysis of the regime as a functional system and its structural complexities, which brings forth new insights on the regime's core ideas like non-proliferation and counter-proliferation. The book also provides an extensive non-Western narrative on the concept of counter-proliferation and its conceivable role and influence in the regime. It breaks new ground in explaining India's quest for an anti-proliferation strategy, which could determine its status and future in the emerging global nuclear order. It will be a substantial contribution to the literature on India's approach towards non-proliferation, counter-proliferation and disarmament, and will enhance the understanding of the impact of the regime's
