A Debt Restructuring Mechanism for Sovereigns: Do We Need a Legal Procedure? - Image 1

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

Law

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Description

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 Argentinian 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 Humboldt University of Berlin. The presentations provide a unique overview of the present discussion, both from an economic and legal perspective. About the Author Dr Christoph Paulus is professor at the Humboldt-Universität, Berlin. The authors are internationally reputed experts in their fields and are globally renowned for their expertise particularly in the field of defaulting sovereigns.

Product Specifications

Brand: By
Format: hardcover
ASIN: 1849467404
Category: Books > Subjects > Business, Finance & Law > Law
Domain: Amazon UK
Release Date: 18 August 2014
Listed Since: 14 June 2014

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

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