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Unconstitutional Regimes and the Validity of Sovereign Debt: A Legal Perspective

Unconstitutional Regimes and the Validity of Sovereign Debt: A Legal Perspective

作者： Sabine Michalowski
出版商： Routledge
ISBN: 9781138264564
出版时间 November 2016
规格： Paperback
适应领域： U.K. ? 免责申明：
Countri(es) stated herein are used as reference only

￥210.56

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详细

Sabine Michalowski's work provides a much-needed legal perspective on the topical subject of Developing World debt repayment.

The volume incorporates a single debtor country, Argentina, as an example to address global questions relating to this problem. The work assesses the range of complex issues involved in the context of international as well as national law. It further examines the political pressure creditors may apply to make vulnerable countries adapt their economic and other policies in line with their wishes.

These raise obvious constitutional issues for the debtor country and pose questions of whether and how the inequality of bargaining power in such situations could influence the validity of any measures taken, whether contractual or legislative. Argentina has been chosen as a case study because as a large debtor country, it represents these sorts of issues.
Introduction
Argentina's debt in its historical and political context
The doctrine of odious debts
Redefining the doctrine of odious debts
(Un)constitutionality of debts taken up by unconstitutional regimes
Substantive constitutional limits with regard to sovereign debt
Impact of the unconstitutionality of loans on creditor rights
Conclusion

Bibliography
Index

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