The Relevance of Law to Sovereign Debt

The literature on sovereign debt treats law as of marginal significance, largely because the doctrine of sovereign immunity leaves creditors few potent legal remedies against sovereign borrowers. Although sovereign debts can indeed be hard to enforce, the goal of this article is to demonstrate that...

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Veröffentlicht in:	Annual review of law and social science 2015-11, Vol.11 (1), p.395-408
Hauptverfasser:	Weidemaier, W. Mark C, Gulati, Mitu
Format:	Artikel
Sprache:	eng
Schlagworte:	Boundaries Contracts Law Markets National debt odious debt Privileges & immunities Public debt sovereign immunity Sovereignty State role state succession
Online-Zugang:	Volltext
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