Why not default? An interview with Jerome Roos

Jerome Roos is an LSE Fellow in International Political Economy (IPE) at the Department of International Development of the London School of Economics. His research focuses on the political economy of global finance, sovereign debt and international crisis management. He holds a dual degree in International Political Economy from Sciences Po Paris and the London School of Economics, and a PhD in Political and Social Sciences from the European University Institute in Florence. Jerome’s first book,Why Not Default? has won the first Immanuel Wallerstein Memorial Book Award from the American Sociological Association. The book,published by Princeton University Press in 2019, seeks tounravel a striking puzzle at the heart of the global debt regime: why, despite frequent crises and the immense costs of repayment, do so many heavily indebted countries continue to service their international debts?