Unconstitutional Regimes and the Validity of Sovereign Debt

Unconstitutional Regimes and the Validity of Sovereign Debt
Title Unconstitutional Regimes and the Validity of Sovereign Debt PDF eBook
Author Sabine Michalowski
Publisher Routledge
Pages 252
Release 2016-02-17
Genre Law
ISBN 1317005430

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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.

Rethinking Sovereign Debt

Rethinking Sovereign Debt
Title Rethinking Sovereign Debt PDF eBook
Author Odette Lienau
Publisher Harvard University Press
Pages 342
Release 2014-02-18
Genre Business & Economics
ISBN 0674726405

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Conventional wisdom holds that all nations must repay debt. Regardless of the legitimacy of the regime that signs the contract, a country that fails to honor its obligations damages its reputation. Yet should today's South Africa be responsible for apartheid-era debt? Is it reasonable to tether postwar Iraq with Saddam Hussein's excesses? Rethinking Sovereign Debt is a probing analysis of how sovereign debt continuity--the rule that nations should repay loans even after a major regime change, or else expect consequences--became dominant. Odette Lienau contends that the practice is not essential for functioning capital markets, and demonstrates its reliance on absolutist ideas that have come under fire over the last century. Lienau traces debt continuity from World War I to the present, emphasizing the role of government officials, the World Bank, and private markets in shaping our existing framework. Challenging previous accounts, she argues that Soviet Russia's repudiation of Tsarist debt and Great Britain's 1923 arbitration with Costa Rica hint at the feasibility of selective debt cancellation. Rethinking Sovereign Debt calls on scholars and policymakers to recognize political choice and historical precedent in sovereign debt and reputation, in order to move beyond an impasse when a government is overthrown.

The democratic advantage

The democratic advantage
Title The democratic advantage PDF eBook
Author Barry R. Weingast
Publisher Hoover Press
Pages 60
Release
Genre Competition, International
ISBN 9780817957230

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The Sovereign Debt Crisis

The Sovereign Debt Crisis
Title The Sovereign Debt Crisis PDF eBook
Author Anton Brender
Publisher
Pages 0
Release 2013
Genre Business & Economics
ISBN 9789461383372

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"The Sovereign Debt Crisis," 2012 edition, looked at how governments ran up substantial deficits in order to avert a worldwide depression and their subsequent attempts to rebalance their budgets. This updated edition concentrates on the delicate balancing act the economies of the United States, Japan, and the eurozone face between the present need to boost sluggish economic growth by providing sufficiently cheap, low-risk credit and the longer-term challenges of cutting massive debt and returning to a sustainable fiscal policy. The authors argue that many of the euro area economies, having noticeable difficulty paying their international debts, are in a sovereign debt crisis, while America and Japan are, for now, holding steady but in real danger of slipping into crisis. The book shows how the process has evolved in these three major developed economies and how their policy choices impact global financial markets.

Medical Confidentiality and Crime

Medical Confidentiality and Crime
Title Medical Confidentiality and Crime PDF eBook
Author Sabine Michalowski
Publisher Routledge
Pages 415
Release 2017-10-24
Genre Social Science
ISBN 1351918761

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Medical confidentiality is universally recognised as a value worth protecting. However, difficulties arise when confidential medical information becomes relevant in the context of crime prevention and criminal prosecution. Should medical confidentiality be upheld where the physician holds information which is essential for the investigation of a serious crime; for establishing the truth in a criminal trial; for an accused’s defence; or for the prevention of a criminal offence? And according to which criteria should such decisions be made? Based on an examination of different approaches in medical ethics and a comparison of the relevant law of France, Germany, England and Wales and the US, this book analyses how a balance of the competing interests can best be struck.

Protecting Democracy

Protecting Democracy
Title Protecting Democracy PDF eBook
Author Morton H. Halperin
Publisher Lexington Books
Pages 372
Release 2005
Genre Political Science
ISBN 9780739108246

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Over the past several decades, democracy has taken root or been re-established in a number of countries with support from other democratic states and private groups. While the increase in the number of democracies worldwide has been widely heralded, very little has been written on how democracy can be protected and sustained where it has been chosen by the people of a state. In this first comprehensive guide to preventing and responding to threats to coups and erosions in democracies. Through case studies and in-depth analyses, this book provides legal and policy justification for these processes and discusses how they can be made more effective, combining the findings of an international task force on threats to democracy with contributions from leading scholars and policymakers.

Symposium, Nation-building

Symposium, Nation-building
Title Symposium, Nation-building PDF eBook
Author
Publisher
Pages 356
Release 2008
Genre Nation-building
ISBN

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