State Dissolution, Sovereign Debt and Default: Lessons from Irish independence.
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If you have a question about this talk, please contact Dr Duncan Needham.
The Irish land question and land ownership were central components of Irish nationalism in the nineteenth century. UK government backed land purchase schemes had long-term financial implications that became central issues when Ireland seceded from the United Kingdom. This project is a quantitative study of bonds guaranteed by the UK government to finance the transfer of land ownership from landlords to tenants in Ireland (North & South). These bonds were traded over a turbulent period of time and they can help to answer how markets responded to Irish partition, Independence, Civil War and ‘default’.
This talk is part of the Financial History Seminar series.
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