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Unconstitutional Regimes and the Validity of Sovereign Debt

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Unconstitutional Regimes and the Validity of Sovereign Debt Synopsis

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.

About This Edition

ISBN: 9781138264564
Publication date: 15th November 2016
Author: Sabine Michalowski
Publisher: Routledge an imprint of Taylor & Francis Ltd
Format: Paperback
Pagination: 236 pages
Genres: Military and defence law and civilian service law
International law
International law