A Debt Restructuring Mechanism for Sovereigns: Do We Need a by Christoph G. Paulus,Christoph G Paulus PDF

By Christoph G. Paulus,Christoph G Paulus

The Eurozone situation which began in spring 2010 as a Greek finances trouble has alerted Europeans that the problem of defaulting sovereigns isn't really one reserved only for the terrible and poorest international locations in this globe. The quandary painfully amplified that built international locations, too, should be hit by way of this phenomenon. to make sure, this perception is much from novel - the background of defaulting states reaches again into heritage for no less than millennia. And but, attorneys have strangely abstained kind of thoroughly from discussing this topic and constructing attainable suggestions. starting with the Argentina problem in 2001, this forget started to vanish to a undeniable measure and this flow bought a few momentum in 2010 through the Eurozone obstacle.

The current ebook collects contributions from authors such a lot of whom have participated in a convention in this factor in January 2012 on the Humboldt-Universität zu Berlin. The displays, therefore, offer a different evaluation of the current dialogue either from an fiscal and felony perspective.

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A Debt Restructuring Mechanism for Sovereigns: Do We Need a Legal Procedure? by Christoph G. Paulus,Christoph G Paulus


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