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Since 1996, the G8 and other northern creditor states have accepted the principle of debt cancellation in the sovereign debt regime, responding to the political impetus to address third world indebtedness through a series of official debt relief programmes. However, the long-term sustainability...
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Post-War conceptions of human rights have evolved independently of long-established theory and practice of property and creditor rights, to the detriment of the development and implementation of human rights law. This chapter attempts to build a first bridge between these two fields of law. It...
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Foreign investment is perceived as one of the most significant factors for development and it is no accident that a key criterion for determining that an activity qualifies as an investment under the ICSID Convention is whether it contributes to the economic or other development of the host...
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This paper argues that the development of a regime for sovereign debt workouts has created an asymmetry between the rights and interests of sovereign lenders and those of the population of a debtor state. It first analyzes the impact of sovereign debt workouts on human rights. Subsequently, it...
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