Sovereign finance and the poverty of nations : odious debt in international law / Yvonne Wong.

Format:

Book

Author/Creator:

Wong, Yvonne.

Language:

English

Subjects (All):

Debts, Public.

Finance, Public.

Poverty.

International law.

Physical Description:

1 online resource (192 p.)

Place of Publication:

Cheltenham, U.K. ; Northampton, Mass. : Edward Elgar, c2012.

Language Note:

English

Summary:

National debts incurred by illegitimate regimes against the best interests of the citizens is a serious problem of international economics and politics. These sovereign debts, often referred to as odious debts, deplete the public purse and create an ongoing financial liability that serves to constrain investment and economic growth, and conspires to keep millions in poverty. This important and timely book explains the legal principles and politics involved in the issue of odious debts, and sovereign debt arrangements more generally. The author goes beyond abstract arguments and proposes legal

Contents:

Cover; Copyright; Contents; Foreword; Acknowledgments; Tables; Abbreviations; Introduction; 1. The odious debts doctrine: an overview; 2. Sovereign debt and its legal framework; 3. History of sovereign debt; 4. Sovereign debt and the poverty of nations; 5. A new era for international finance; 6. Justifications for a law banning odious debts; 7. Current ideas for how the odious debts doctrine could apply in practice; 8. The New Approach Odious Debts Doctrine (NAODD); 9. Concluding remark; Index

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

ISBN:

1-283-52253-5

0-85793-503-8

OCLC:

794664089