The article ‘Rules of Thumb’ for Sovereign Debt Crises is IMF Working Paper No. 05/42. It is also available on SSRN.
Monthly Archives: March 2009
Article: Comity and Sovereign Debt Litigation: A Bankruptcy Analogy (1986), Bainbridge
The article Comity and Sovereign Debt Litigation: A Bankruptcy Analogy (2004) by Stephen M. Bainbridge appears in Maryland Journal of Int’l Law and Trade, Vol. 10, No. 1, 1986. It is also available on SSRN.
Article: Bankruptcy Proceedings for Sovereign State Insolvency (2004), Thomas
The article Bankruptcy Proceedings for Sovereign State Insolvency (2004), by Jonathan Thomas appears in World Economy, Vol. 27, pp. 265-279, February 2004. It is also available on SSRN, for a fee of $25.00.
Article: Sovereign Bonds And The Collective Will (2002), Buchheit, Gulati, Mody
The article Sovereign Bonds And The Collective Will is available on SSRN.
Article: The Dilemma of Odious Debts (2006), Buchheit, Gulati, Thompson
The article The Dilemma of Odious Debts, available on the Social Science Network Electronic Paper Collection, by Lee C. Buchheit, G. Mitu Gulati, and Robert B. Thompson.
Book: Money in the Law (1950), Nussbaum
Money in the Law: National and International; a Comparative Study in the Borderline of Law and Economics
By Arthur Nussbaum
Published by Foundation Press, 1950
Book: Complex Arbitrations (2006), Hanotiau
Complex Arbitrations: Multiparty, Multicontract, Multi-issue and Class Actions
By Bernard Hanotiau
Published by Kluwer Law International, 2006
ISBN 904112442X, 9789041124425
News: (BBC) China suggests switch from dollar
The BBC has an article about requests by China to switch from the single-currency reserve system to a an IMF-backed reserve system.
The suggestion made by China is to move to a Special Drawing Rights (SDR) (IMF factsheet) unit of account. SDR’s are backed by a basket of currencies, predominantly the U.S. dollar at present (44% according to Wikipedia).
Case: Allied Bank – 1983 to 1985
There are a number of decisions in the Allied Bank, and it is one of the most important cases in the history (especially the modern history) of sovereign insolvency.
Article: A change of hat (1990), Buchheit
The article A change of hat by Lee Buchheit appears in International Financial Law Review, June 1990 at page 12.
Sovereign Insolvency 