The first two decades of the twenty-first century witnessed a series of large-scale sovereign defaults and debt restructurings, in which sovereigns struggled to negotiate with recalcitrant bondholders, particularly hedge funds. Also, the outbreak of the COVID-19 pandemic in 2020 heralded a bleak...

Part I: Introductory Part -- Chapter 1. Introduction: A Rational Choice Analysis of International State Responsibility -- Chapter 2. The Protection of Community Interests in International Law and Economics -- Chapter 3. The Normative Framework: Objectives of State Responsibility in International...