We empirically analyze the effect of UN and US economic sanctions on life expectancy and its gender gap in target countries. Our sample covers 98 less developed and newly industrialized countries over the period 1977-2012. We employ a matching approach to account for the endogeneity of...

Introduction -- The laws of the market system -- National law and globalization -- Globalization and the international law of treaties -- The laws of international organizations -- Globalization opposition and alternatives -- Emerging law and governance in the global economy -- Globalization and...

We study the occurrence of holdout litigation in the context of sovereign defaults. The number of creditor lawsuits against foreign governments has strongly increased over the past decades, but there is a large variation across crisis events. Why are some defaults followed by a "run to the...