Simon Hinrichsen is a doctoral student at London School of Economics and a portfolio manager at a pension fund. His work and research focus on sovereign debt, international finance, and open economy macroeconomics in emerging markets.

July 30, 2022

Analysis

Odious Debts

Iraq, Haiti, and the politics of illegitimate debt

In the aftermath of its 2003 invasion of Iraq, the United States was eager to restructure the ailing country‚Äôs sovereign debt. International sanctions since the Gulf War meant that Iraq was economically isolated, yet the country had a large stock…