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Sovereign financing and international law : the UNCTAD principles on responsible sovereign lending and borrowing /

In response to continuing global financial turmoil, the UN Conference for Trade and Development has produced a set of principles to govern future sovereign financing. This book expands on these principles from a legal and economic perspective to analyse how sovereign financing can be regulated to pr...

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Bibliographic Details
Other Authors: Espósito, Carlos D. (Editor), Li, Yuefen (Editor), Bohoslavsky, Juan Pablo (Editor)
Format: eBook
Language:English
Published: Oxford : Oxford University Press, 2014.
Subjects:
United Nations Conference on Trade and Development.
United Nations Conference on Trade and Development
Debts, Public > Law and legislation.
Debts, Public > Law and legislation
Electronic books.
Online Access:Connect to the full text of this electronic book
Table of Contents:
  • Cover; Contents; Table of Cases; List of Abbreviations; List of Contributors; INTRODUCTION; 1. Introduction: The Search for Common Principles; PART I: SETTING THE GLOBAL SCENE; 2. The Economic Rationale for the Principles on Promoting Responsible Sovereign Lending and Borrowing; 3. Sovereign Debt Restructurings as Exercises of International Public Authority: Towards a Decentralized Sovereign Insolvency Law; PART II: LEGAL STATUS OF THE PRINCIPLES; 4. Principles Matter: The Legal Status of the Principles on Responsible Sovereign Financing
  • 5. Out of Thin Air? Tracing the Origins of the UNCTAD Principles in Customary International Law6. On the Comparative Foundations of Principles in International Law: The Move towards Rules and Transparency in Fiscal Policy as Examples; 7. The Legal Contours of Sovereign Debt Restructuring under the UNCTAD Principles: Antagonism and Convergence between Standards of Domestic Insolvency Law and International Investment Protection Law; PART III: DEBT MANAGEMENT; 8. Improving Debt Management on the Basis of UNCTAD's Principles
  • 9. UNCTAD's Principles on Public Debt and the United Nations Convention against Corruption: Links and Common Strategies10. Fiduciary Relations: Legal Framework and Implications for Responsible Sovereign Debt Management; PART IV: CHINA AS A CASE STUDY; 11. China's Governmental Preferential Loans and the Performance of its Lending Responsibility; 12. Crisis Prevention for China as a Sovereign Creditor and the UNCTAD Principles; PART V: EUROZONE: PROBLEMS AND SOLUTIONS; 13. Restructuring a Sovereign Debtor's Contingent Liabilities
  • 14. Current EU Mechanisms to Confront Sovereign Insolvency: A Normative Analysis against the Benchmark of the UNCTAD PrinciplesPART VI: OUTLOOK AND IMPLEMENTATION; 15. Reforming Sovereign Lending Practices: Modern Initiatives in Historical Context; 16. Hard, Soft, and Embedded: Implementing Principles on Promoting Responsible Sovereign Lending and Borrowing; CONCLUSIONS; 17. Concluding Remarks in the Light of International Law; Annex: Principles on Promoting Responsible Sovereign Lending and Borrowing; Index; A; B; C; D; E; F; G; H; I; J; L; N; O; P; R; S; T; U; V; W