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Titlebook: Odious Debt; Law-and-Economics Pe Stephania Bonilla Book 2011 Gabler Verlag | Springer Fachmedien Wiesbaden GmbH, Wiesbaden 2011 Internatio

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书目名称Odious Debt
副标题Law-and-Economics Pe
编辑Stephania Bonilla
视频video
丛书名称Ökonomische Analyse des Rechts
图书封面Titlebook: Odious Debt; Law-and-Economics Pe Stephania Bonilla Book 2011 Gabler Verlag | Springer Fachmedien Wiesbaden GmbH, Wiesbaden 2011 Internatio
描述The international debate on odious debt touches on many fundamental issues, including the intersection between ethics and finance, the moral responsibility of parties to international contracts and of sovereigns to their constituents. Stephania Bonilla analyzes the dynamics of sovereign debt relations and looks at how the incentive structures of the parties involved can have implications on odious debt. She specifically looks at the role of international law in the reputation mechanism sustaining creditor-debtor relations. Further, she examines the factors and players that drive change in sovereign debt governance, in an effort to move towards a more sustainable financial system with a more equitable distribution of burden between lenders and borrowers.
出版日期Book 2011
关键词International contract law; International law; Responsible lending; Sovereign debt; moral responsibility
版次1
doihttps://doi.org/10.1007/978-3-8349-6763-3
isbn_softcover978-3-8349-2993-8
isbn_ebook978-3-8349-6763-3
copyrightGabler Verlag | Springer Fachmedien Wiesbaden GmbH, Wiesbaden 2011
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Ökonomische Analyse des Rechtshttp://image.papertrans.cn/o/image/700600.jpg
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https://doi.org/10.1007/978-3-8349-6763-3International contract law; International law; Responsible lending; Sovereign debt; moral responsibility
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Introduction,llar of capitalism and allows governments, as well as enterprises and households, to invest in opportunities for promoting valuable objectives that they would otherwise be forced to pass up. Despite the positive effects that cross border financial flows have on recipient governments, they can also b
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Reputation and Odious Debt,cept of odious debt essentially challenges the present international doctrine of state succession, which requires for the continuity of rights and obligations, including the obligation to assume debts, when there is a change in government. Before addressing the purported exception of odious debt, it
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A Focus on Creditors and Odious Debt,ns that are encompassed by the term ‘sovereign debt.’ While reputation is widely accepted to play a dominant role in sustaining creditor-debtor relations in the international sphere,the strength of its role and the degree to which it is obstructed, vary from one type of sovereign debt relation to an
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