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Mark Weidemaier

Mark Weidemaier is the Ralph M. Stockton, Jr. Distinguished Professor of Law at the University of North Carolina at Chapel Hill. His teaching and research interests involve the intersection between contracts and dispute resolution in domestic and international settings, as well as issues related to the structure and enforcement of government debt. He blogs about these subjects on Credit Slips. With Mitu Gulati, Weidemaier also hosts the podcast Clauses and Controversies, covering topics in sovereign debt and international finance. Representative publications are available for download on the Social Science Research Network and the Berkeley Electronic Press. At UNC, Weidemaier teaches Contracts, Commercial Arbitration, Government Borrowing and Restructuring, and Complex Civil Litigation.
Commentary

The Tradeoffs of Transparency in Sovereign Debt Markets

Mark Weidemaier
It is an economic truism that markets operate more efficiently and fairly when there is more transparency. However, in the case of sovereign debt markets, the virtues of transparency are partially offset by its costs, writes Mark Weidemaier. Without an international regulator or bankruptcy court, opacity sometimes advances the public interest, including by helping financially distressed governments protect assets.

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