#2484. In the club: how and why central bankers created a hierarchy of sovereign borrowers, c. 1988–20XX

October 2026publication date
Proposal available till 30-05-2025
4 total number of authors per manuscript3000 $

The title of the journal is available only for the authors who have already paid for
Journal’s subject area:
Political Science and International Relations;
Sociology and Political Science;
Economics and Econometrics;
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Abstract:
The article analyzes the problem of creating a hierarchy of sovereign borrowers by central bankers. The results show that the Basel Committee decided to create the club in response to European Community (EU) policies that threatened a number of non-EU countries. Also BCBS decided to define the group through OECD membership because its members embodied a key set of criteria that it associated with creditworthiness.
Keywords:
Basel Committee on Banking Supervision; Basel I; creditworthiness; international hierarchy; OECD; sovereign debt

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