Selling Sovereignty: International Coercion, Financial Crises, and Land Transactions

• In Event: Political Economy in the Developing World

Brief Overview

This paper examines why states sell their own territory. We focus on the role of debt diplomacy. Using a new dataset on land transaction, the results demonstrate that debt prompts states to use international land deals to settle their accounts.

Authors

• Patrick E. Shea, University of Houston

• Jonas Bunte, The University of Texas at Dallas

• Burak Giray, University of Houston