A Debt Restructuring Mechanism for Sovereigns: Do We Need a Legal Procedure?

Author:   Professor Dr Christoph G Paulus (Humboldt-Universität)
Publisher:   Bloomsbury Publishing PLC
ISBN:  

9781849467407


Pages:   304
Publication Date:   18 August 2014
Format:   Hardback
Availability:   To order   Availability explained
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A Debt Restructuring Mechanism for Sovereigns: Do We Need a Legal Procedure?


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Overview

The Eurozone crisis which started in spring 2010 as a Greek budget crisis has alerted Europeans that the issue of defaulting sovereigns is not one reserved just for the poor and poorest countries on this globe. The crisis painfully amplified that developed countries, too, might be hit by this phenomenon. To be sure, this insight is far from novel - the history of defaulting states reaches back into history for at least two millennia. And yet, lawyers have surprisingly abstained more or less completely from discussing this subject and developing possible solutions. Beginning with the Argentina crisis in 2001, this neglect began to vanish to a certain degree and this movement got some momentum in 2010 by the Eurozone crisis. The present book collects contributions from authors most of whom have participated in a conference on this issue in January 2012 at the Humboldt-Universität zu Berlin. The presentations, thus, provide a unique overview of the present discussion both from an economic and legal perspective.

Full Product Details

Author:   Professor Dr Christoph G Paulus (Humboldt-Universität)
Publisher:   Bloomsbury Publishing PLC
Imprint:   Beck/Hart Publishing
Weight:   0.724kg
ISBN:  

9781849467407


ISBN 10:   1849467404
Pages:   304
Publication Date:   18 August 2014
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   To order   Availability explained
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.

Table of Contents

Chapter 1: The Historical Experience and Economics of Sovereign Debt Chapter 2: Current Measures for Dealing with Sovereign Debt – An Ad-Hoc Machinery? Chapter 3: Dealing with Future Sovereign Debt Crises Chapter 4: International Survey – Learning from International Precedents A. Sovereign Debt and Exclusions from Insolvency Proceedings

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Christoph G Paulus is Professor at the Humboldt-Universität, Berlin.

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