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- W2120385726 abstract "If global economic justice is to be achieved, debt crises must be assessed within the broader context of the international financial system. This system, which has been largely imposed by a small group of powerful financial agents in the Organisation for Economic Co-operation and Development countries, has led to instability and recurrent financial crises that have severely harmed the interests of poor countries and their people. Responsibility for bearing the costs of debt crises and other negative effects of the prevailing international financial system should therefore be assumed by those who have contributed to bringing them about. At present, however, the burden of economic “adjustments” during debt crises has fallen disproportionately on poor debtor nations, and debates regarding debt management have been dominated by individual, corporate, and official creditors. This essay presents the case for institutional reforms that can better protect the human rights of citizens of sovereign debtor nations during debt crises." @default.
- W2120385726 created "2016-06-24" @default.
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- W2120385726 date "2003-09-01" @default.
- W2120385726 modified "2023-09-27" @default.
- W2120385726 title "Resolving International Debt Crises Fairly" @default.
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- W2120385726 doi "https://doi.org/10.1111/j.1747-7093.2003.tb00432.x" @default.
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