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List of Tables ix
List of Figures xi
Preface xiii
Theory 1
The Puzzle of Cooperation in International Debt 3
A Theory of Cooperation through Reputation 14
Evidence 37
Reputations of New and Seasoned Borrowers 39
Reputation in Expert Opinion 70
Reputations during Good Times and Bad 86
Enforcement by Gunboats 114
Enforcement through Trade Sanctions 158
Enforcement through Collective Retaliation 196
Implications 221
Reputation and Cooperation under Anarchy 223
Bibliography 243
Index 275
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