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I'm trying to understand this paper, but I'm having some difficulties in understanding some parts. Is there good quick introduction about how the sovereign debt market works?

The paper is about greek debt 2012 restructure:

http://scholarship.law.duke.edu/cgi/viewcontent.cgi?article=5343&context=faculty_scholarship

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  • $\begingroup$ Please be more specific in your question. Which parts are you having trouble with. Ideally please ask each as an individual question so that people can provide quality answers. $\endgroup$ – Jason Nichols Jul 14 '15 at 19:41
  • $\begingroup$ Ok, I just edited the question. I'm would like to know more deeply how the sovereign market work. $\endgroup$ – Miguel Jul 14 '15 at 20:24
  • $\begingroup$ See Obstfeld and Rogoff, Foundations of International Macroeconomics. $\endgroup$ – Anton Tarasenko Jul 16 '15 at 13:22

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