The Doctrine of Odious Debt in International Law: A Restatement

International Law

The Doctrine of Odious Debt in International Law: A Restatement

By Jeff King
Cambridge University Press December 2018

Specifications

ISBN-13
9781107567320
Publisher
Cambridge University Press
Publication
December 2018
Format
Paperback
Jurisdiction
U.K. ? Countri(es) for reference only

Also available as

Hardback

Details

According to the doctrine of odious debt, loans which are knowingly provided to subjugate or defraud the population of a debtor state are not legally binding against that state under international law.

Breaking with widespread scepticism, this groundbreaking book reaffirms the original doctrine through a meticulous and definitive examination of state practice and legal history.

It restates the doctrine by introducing a new classification of odious debts and defines 'odiousness' by reference to the current, much more determinate and litigated framework of existing public international law.

Acknowledging that much of sovereign debt is now governed by the private law of New York and England, Jeff King explores how 'odious debts' in international law should also be regarded as contrary to public policy in private law.

This book is essential reading for practising lawyers, scholars, and development and human rights workers.

Table of Contents

1. Introduction
2. International law, sovereign debt, and odious debt
3. The status of odious debts in international law
4. The enforceability of odious debts in domestic law
5. Conclusion.
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