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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

Name: Unconstitutional Regimes and the Validity of Sovereign Debt: A Legal Perspective
Brand: Routledge
SKU: 9781138264564
Price: 315.12 HKD
Availability: InStock
Author: Sabine Michalowski
ISBN: 9781138264564

By Sabine Michalowski

Routledge November 2016

Specifications

ISBN-13: 9781138264564
Publisher: Routledge
Publication: November 2016
Format: Paperback
Jurisdiction: U.K. ? Countri(es) for reference only

Details

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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