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The Shirt of Nessus: International Debt as a Tool of Hegemonic Control
International debt has been a fixture of the global economy and state financing for centuries. The economic logic of accruing international debt and its management is rarely questioned in the literature, even as sovereign debt crises abound. These crises offer a point of examination, re-assessment,...
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| Format: | Thesis |
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AUC Knowledge Fountain
2022
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| _version_ | 1867613421672857600 |
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| access_status_str | Open Access |
| author | Ghannam, Omar Hamed |
| author_browse | Ghannam, Omar Hamed |
| author_facet | Ghannam, Omar Hamed |
| author_sort | Ghannam, Omar Hamed |
| collection | Thesis |
| description | International debt has been a fixture of the global economy and state financing for centuries. The economic logic of accruing international debt and its management is rarely questioned in the literature, even as sovereign debt crises abound. These crises offer a point of examination, re-assessment, and negotiations concerning allocating the burdens. This paper aims to study these debt crises to interrogate the issue of international debt, the depoliticized economic mantras that govern it, their validity, sincerity, and the political and social implications on the indebted polity. This is done by looking at the origins of debt crises, and examining how different factions and classes interact with the unfolding crisis. The research encompasses the cases of Greece, Puerto Rico, and Ecuador, focusing on the material interests and ideological conceptions that inform different factions' aims and tactics during the crisis. Through examining these cases the paper finds several dysfunctions in the economic, political, social, and institutional frameworks that govern international debt |
| format | Thesis |
| id | oai:fount.aucegypt.edu:etds-2919 |
| institution | American University in Cairo (Egypt) |
| last_indexed | 2026-06-10T12:35:53.165Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from AUC Knowledge Fountain — bepress |
| publishDate | 2022 |
| publishDateRange | 2022 |
| publishDateSort | 2022 |
| publisher | AUC Knowledge Fountain |
| publisherStr | AUC Knowledge Fountain |
| record_format | dspace |
| source_str | AUC Knowledge Fountain — bepress |
| spelling | oai:fount.aucegypt.edu:etds-2919 The Shirt of Nessus: International Debt as a Tool of Hegemonic Control Ghannam, Omar Hamed International debt has been a fixture of the global economy and state financing for centuries. The economic logic of accruing international debt and its management is rarely questioned in the literature, even as sovereign debt crises abound. These crises offer a point of examination, re-assessment, and negotiations concerning allocating the burdens. This paper aims to study these debt crises to interrogate the issue of international debt, the depoliticized economic mantras that govern it, their validity, sincerity, and the political and social implications on the indebted polity. This is done by looking at the origins of debt crises, and examining how different factions and classes interact with the unfolding crisis. The research encompasses the cases of Greece, Puerto Rico, and Ecuador, focusing on the material interests and ideological conceptions that inform different factions' aims and tactics during the crisis. Through examining these cases the paper finds several dysfunctions in the economic, political, social, and institutional frameworks that govern international debt 2022-03-03T08:00:00Z thesis application/pdf https://fount.aucegypt.edu/etds/1892 https://fount.aucegypt.edu/context/etds/article/2919/viewcontent/auto_convert.pdf Theses and Dissertations AUC Knowledge Fountain Debt Hegemony Greece Puerto Rico Ecuador Historic Bloc Debt Crisis Economic History International Economics International Relations Latin American History Political Economy Political History |
| spellingShingle | Debt Hegemony Greece Puerto Rico Ecuador Historic Bloc Debt Crisis Economic History International Economics International Relations Latin American History Political Economy Political History Ghannam, Omar Hamed The Shirt of Nessus: International Debt as a Tool of Hegemonic Control |
| title | The Shirt of Nessus: International Debt as a Tool of Hegemonic Control |
| title_full | The Shirt of Nessus: International Debt as a Tool of Hegemonic Control |
| title_fullStr | The Shirt of Nessus: International Debt as a Tool of Hegemonic Control |
| title_full_unstemmed | The Shirt of Nessus: International Debt as a Tool of Hegemonic Control |
| title_short | The Shirt of Nessus: International Debt as a Tool of Hegemonic Control |
| title_sort | shirt of nessus international debt as a tool of hegemonic control |
| topic | Debt Hegemony Greece Puerto Rico Ecuador Historic Bloc Debt Crisis Economic History International Economics International Relations Latin American History Political Economy Political History |
| url | https://fount.aucegypt.edu/etds/1892 https://fount.aucegypt.edu/context/etds/article/2919/viewcontent/auto_convert.pdf |
| work_keys_str_mv | AT ghannamomarhamed theshirtofnessusinternationaldebtasatoolofhegemoniccontrol AT ghannamomarhamed shirtofnessusinternationaldebtasatoolofhegemoniccontrol |