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The Doctrine of Odious Debt in International Law - A Restatement (Paperback)
Loot Price: R981
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The Doctrine of Odious Debt in International Law - A Restatement (Paperback)
Series: Cambridge Studies in International and Comparative Law
Expected to ship within 10 - 15 working days
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According to the doctrine of odious debt, loans which are knowingly
provided to subjugate or defraud the population of a debtor state
are not legally binding against that state under international law.
Breaking with widespread scepticism, this groundbreaking book
reaffirms the original doctrine through a meticulous and definitive
examination of state practice and legal history. It restates the
doctrine by introducing a new classification of odious debts and
defines 'odiousness' by reference to the current, much more
determinate and litigated framework of existing public
international law. Acknowledging that much of sovereign debt is now
governed by the private law of New York and England, Jeff King
explores how 'odious debts' in international law should also be
regarded as contrary to public policy in private law. This book is
essential reading for practising lawyers, scholars, and development
and human rights workers.
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