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Sovereign Debt and Human Rights

Ilias Bantekas editor Cephas Lumina editor

Format:Hardback

Publisher:Oxford University Press

Published:22nd Nov '18

Currently unavailable, and unfortunately no date known when it will be back

Sovereign Debt and Human Rights cover

Sovereign debt is necessary for the functioning of many modern states, yet its impact on human rights is underexplored in academic literature. This volume provides the reader with a step-by-step analysis of the debt phenomenon and how it affects human rights. Beginning by setting out the historical, political and economic context of sovereign debt, the book goes on to address the human rights dimension of the policies and activities of the three types of sovereign lenders: international financial institutions (IFIs), sovereigns and private lenders. Bantekas and Lumina, along with a team of global experts, establish the link between debt and the manner in which the accumulation of sovereign debt violates human rights, examining some of the conditions imposed by structural adjustment programs on debtor states with a view to servicing their debt. They outline how such conditions have been shown to exacerbate the debt itself at the expense of economic sovereignty, concluding that such measures worsen the borrower's economic situation, and are injurious to the entrenched rights of peoples.

an insightful and worthy addition to this literature. ... scholars with a genuine interest in sovereign debt will appreciate a collection that provides a robust and impassioned critique of the demonstrable failure of recent responses to sovereign debt. In this respect, the edited collection serves as a vital addition to an ongoing debate of great importance. * Dimitrios Kagiaros, Journal of International Banking Law and Regulation *
Bantekas and Lumina, together with an excellent team of global experts, review the link between how the accumulation of sovereign debt violates human rights. ... this OUP title offers modern observations which will be of interest to a very wide readership. * Phillip Taylor MBE, Head of Chambers, and Elizabeth Taylor, Richmond Green Chamber *

ISBN: 9780198810445

Dimensions: 254mm x 178mm x 42mm

Weight: 1266g

640 pages