Sovereign Financing and International Law
«This book definitely should be a part of leading law/economics book libraries. ... This volume is a valuable tool for the academic and policy-making community in their further research towards the issue of sovereign financing and sovereign debt restructuring, where scholars, jurists and legal practitioners can all find what they need. In short, the editors have provided many insights into relevant complex aspects of sovereign financing, international law and their interconnectedness, leaving the readers enriched and inspired. Renzhen Li and Yi Zhou, Chinese Journal of International Law Certainly, the meticulous work performed by contributors and neatly put together by Juan-Pablo Bohoslavsky, Carlos Espositoand Yuefen Li will help to those willing to understand better the UNCTAD materials or to systemise the abundant literature of the topic. Dr Martin Menkes, Journal of International Banking Law and Regulation»
The regulation of sovereign financing is a highly topical and significant issue, in the light of continuing global financial turmoil. This book assesses the role of international law in sovereign financing, addressing this issue from both legal and economic standpoints. Les mer
by the United Nations General Assembly in its December 2011 Resolution on Debt, which emphasized the need for creditors and debtors to share responsibility for preventing unsustainable debt situations and encouraged all stakeholders to pursue the ongoing discussions within the framework of the
UNCTAD Initiative.
Investigating the legal and economic basis for the principles which were articulated in the report, the book develops a detailed and nuanced analysis of the controversial and complex issues they raise, including those concerning finance and credit rating agencies, contingent liabilities, debt management, corruption, fiduciary relations and duties, Collective Action Clauses, and the role of the EU and UN. Ultimately, it argues that the principles elaborated in the report correspond with general
principles of international law, which provide a strong, pre-existing foundation upon which to build responsible principles for sovereign financing.
Detaljer
- Forlag
- Oxford University Press
- Innbinding
- Innbundet
- Språk
- Engelsk
- ISBN
- 9780199674374
- Utgivelsesår
- 2013
- Format
- 24 x 16 cm
Anmeldelser
«This book definitely should be a part of leading law/economics book libraries. ... This volume is a valuable tool for the academic and policy-making community in their further research towards the issue of sovereign financing and sovereign debt restructuring, where scholars, jurists and legal practitioners can all find what they need. In short, the editors have provided many insights into relevant complex aspects of sovereign financing, international law and their interconnectedness, leaving the readers enriched and inspired. Renzhen Li and Yi Zhou, Chinese Journal of International Law Certainly, the meticulous work performed by contributors and neatly put together by Juan-Pablo Bohoslavsky, Carlos Espositoand Yuefen Li will help to those willing to understand better the UNCTAD materials or to systemise the abundant literature of the topic. Dr Martin Menkes, Journal of International Banking Law and Regulation»