Wildy logo
(020) 7242 5778

Wildy’s Book News

Book News cover photo

Vol 23 No 3 March/April 2018

Book of the Month

Cover of Scamell and Gasztowicz on Land Covenants

Scamell and Gasztowicz on Land Covenants

Price: £225.00

Offers for Newly Called Barristers & Students

Special Discounts for Newly Called & Students

Read More ...

Secondhand & Out of Print

Browse Secondhand Online


Sovereign Finance And The Poverty Of Nations: Odious Debt in International Law

Image not available lge
Edited by: Yvonne Wong

ISBN13: 9780857935021
Published: May 2012
Publisher: Edward Elgar Publishing Limited
Country of Publication: UK
Format: Hardback
Price: £70.00

Despatched in 4 to 6 days.

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 rules and international regulation that should be put in place to create the right incentives to stop the transmission of odious debts. Her proposal is for a registration scheme for sovereign debt, and the imposition of positive duties on financiers who provide loans to sovereign borrowers.

Sovereign Finance and the Poverty of Nations will appeal to students, academics, debt activists, policymakers, international finance practitioners and anyone with a general interest in sovereign finance affairs.

Image not available lge
Public International Law, Banking and Finance
Foreword by Robert Cooter
1. An Overview of Odious Debts
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 – The Game Changers
6. Justifications for a Law Banning Odious Debts
7. Current Ideas for How the Odious Debts Doctrine Could Apply in Practice
8. Introducing the New Approach Odious Debt Doctrine