4 reasons why we need a new international framework for dealing with sovereign debt
4 REASONS WHY WE NEED A NEW INTERNATIONAL FRAMEWORK FOR DEALING WITH SOVEREIGN DEBT
Dr Celine Tan, Associate Professor, School of Law, University of Warwick
Does the international community service the people or is it currently focused on servicing debt? Would we be better off with a new arrangement for sovereign debt? Dr Celine Tan, from the School of Law, University of Warwick, believes we need change and here's her opening argument.
1. Existing mechanisms for dealing with debt are messy, ad-hoc and expensive
Poverty and the International Economic Law System: Duties to the Poor, by Krista Nadakavukaren Schefer (ed). Cambridge University Press.
Contains the chapter Life, Debt and Human Rights: Contextualising the International Regime for Sovereign Debt Relief by Celine Tan.
Sovereign Finance and the Poverty of Nations: Odious Debt in International Law by Yvonne Wong (2012), London: Edward Elgar.