Towards a reorganisation system for sovereign debt : an international law perspective / by Holger Schier.
Material type:
TextPublication details: Leiden ; Boston : Martinus Nijhoff Publishers, 2007.Description: 1 online resource (xii, 312 pages)Content type: - text
- computer
- online resource
- 9789047431428
- 9047431421
- 1281936855
- 9781281936851
- 9786611936853
- 6611936858
- Towards a reorganization system for sovereign debt
- 343/.037 22
- K4450 .S35 2007eb
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Includes bibliographical references (pages 279-301) and index.
The early days of sovereign insolvency -- Early proposals for a legal framework for sovereign debt reorganisation -- Scope of the work -- Principal reform proposals. The contractual approach -- The proposal for a statutory sovereign debt restructuring mechananism -- The international law perspective -- The RSSD's normative basis under public international law -- An insolvency system for sovereigns derived from general principles of international law -- Enforcement measures -- Implementation.
Print version record.
The insolvency of sovereign debtors is a virtually timeless phenomenon and yet the existing international financial architecture does not provide any legal framework to deal with this issue. Following an overview of the main proposals as to how to bridge this gap, this study analyses the extent to which public international law can be used as a source for the establishment of a reorganisation system for sovereign debt. While there is no adequate customary international law relating to sovereign insolvencies, reference can instead be made to the growing body of general principles of law. This i.
English.
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