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Contractualism and the moral evaluation of international economic...
(April 6, 2007) Contractualism as T. M. Scanlon has conceptualized it has become one of the more influential moral theories of the past decade. Though contractualism connects to the social contract...
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Equitable subordination, fraudulent transfer, and sovereign debt
(November 27, 2007) There is a growing body of scholarship that attempts to identify workable mechanisms to enable sovereigns to repudiate 'odious' sovereign debt - obligations incurred by sovereign...
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Sovereign debt and social rights – legal reflections on a difficult relationship
(January 1, 2008) The relationship between the sovereign debt of developing countries and the protection of social rights in those countries has received a lot of attention from an economic, political...
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Scholars chart new legal course
(January 16, 2008) The principles of the odious debt doctrine exploded into the modern debt debate following the U.S. led invasion of Iraq, capturing the attention of legal scholars and exciting new...
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Why Aren’t We Developing Faster?
(March 4, 2008) According to Paul Wolfowitz, former President of the World Bank: World Bank's beneficiary countries that do not have access to capital markets mostly "remain poor because their...
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New Estimates of Capital Flight from Sub-Saharan African Countries: Linkages...
(April 1, 2008) Over the past decades, African countries have been forced by external debt burdens to undertake painful economic adjustments while devoting scarce foreign exchange to debt-service...
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Applied Legal History: Demystifying the Doctrine of Odious Debts
(March 1, 2009) “Odious debts” have been the subject of debate in academic, activist, and policy circles in recent years. The term refers to the debts of a nation that a despotic leader incurs against...
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Ecuador’s Sovereign Default: A Pyrrhic Victory for Odious Debt?
(February 28, 2010) Ecuador’s strategic default on some of its external debt last year has drawn much commentary and generated passionate reactions. Some commentators who advocate creating a mechanism...
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