Professor Mitu Gulati of Duke Law School assesses the addition of a new tool – a market for sovereign control – which could help allay government problems by facilitating welfare-enhancing border changes. He also suggests ways to design a market that will amend those problems and improve the status quo, and suggests ways that this market might improve the current sovereign debt crisis in Ukraine.
Gulati, Mitu, "A Market for Sovereign Control" (2015). Pierre Genest Memorial Lecture. 10.