Download or read book Sovereign Finance and the Poverty of Nations written by Yvonne Wong and published by Edward Elgar Publishing. This book was released on 2012-05-01 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: ''Yvonne Wong''s book is one of the best treatments of the Odious Debt problem in the literature. It is thorough, balanced and yet manages to be creative. I have already used an early version in my International Debt class and the discussions that were generated were excellent. For anyone seeking to tackle this age old problem, I highly recommend this book.'' Mitu Gulati, Duke University, US''With some excellent historical research and important analysis of "odious debt" accumulation and sovereign debt restructuring mechanisms in modern times, this book is placing the issue of "odious debt" at the heart of International law. Thus, it will prove an indispensable companion to any scholar or policy-maker who wishes to gain a multi-prismatic understanding of "odious debt" illegality and its implications for the welfare of entire nations.'' Emilios Avgouleas, University of Edinburgh, UK''Whenever a strict application of the law produces a result that is at variance with a general sense of what is morally right, trouble is surely in the offing. This is the central thesis of Yvonne Wong''s Sovereign Finance and the Poverty of Nations. When is it legally permissible, when is it ethically acceptable, for a sovereign borrower to disavow a debt incurred in the name of the sovereign state, but not for its (or its citizens'') benefit? And if debts incurred by unscrupulous politicians in one era can be disowned by their successors later on under gauzy notions of "illegitimacy" or "odiousness", what will prevent future unscrupulous politicians from casually dishonoring sovereign obligations that they would just prefer not to pay? These are deep waters, legally and morally. Wong has given us a fascinating insight into one of the most disquieting issues in international financial law.'' Lee C. Buchheit, Cleary Gottlieb Steen & Hamilton LLP, US''This book provides a very valuable contribution to the discussion about odious debts in that it, quite successfully, structures the often rather elusive argumentation. By developing a new and stringent approach to the emergence of a valid legal concept of odious debts, the author presents a fresh perspective to its underlying evaluations and allows, thus, a re-consideration of the need for effective rules in this context. This book will certainly influence fundamentally the future debate of odious debts.'' Christoph G. Paulus, Humboldt-Universitat zu Berlin, Germany''Saddam Hussein was overthrown and executed, but his successors to power are still liable for the debts that he contracted for the nation. Odious regimes can create debts without consent or benefit of their citizens who must subsequently repay them. This fact puzzles both international law specialists and intellectuals who read magazines like The Economist. Theresult seems wrong, but the right solution is elusive. Yvonne Wong''s important and timely book solves some of the puzzles by using methods and theories from international law, economics, and political science. It explains the law and politics inherent in sovereign debt arrangements, and proposes a new legal framework for odious debt.'' From the foreword by Robert CooterNational debts incurred by illegitimate regimes against the best interests of the citizens is a serious problem of international economics and politics. These sovereign debts, often referred to as odious debts, deplete the public purse and create an ongoing financial liability that serves to constrain investment and economic growth, and conspires to keep millions in poverty. This important and timely book explains the legal principles and politics involved in the issue of odious debts, and sovereign debt arrangements more generally. The author goes beyond abstract arguments and proposes legal rules and international regulation that should be put in place to create the right incentives to stop the transmission of odious debts. Her proposal is for a registration scheme for sovereign debt, and the imposition of positive duties on financiers who provide loans to sovereign borrowers.Sovereign Finance and the Poverty of Nations will appeal to students, academics, debtactivists, policymakers, international finance practitioners and anyone with a general interest in sovereign finance affairs.

Download or read book Sovereign Wealth Funds and Long term Investing written by Patrick Bolton and published by Columbia University Press. This book was released on 2012 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sovereign wealth funds (SWFs) are state-owned investment funds with combined asset holdings that are fast approaching four trillion dollars. Recently emerging as a major force in global financial markets, SWFs have other distinctive features besides their state-owned status: they are mainly located in developing countries and are intimately tied to energy and commodities exports, and they carry virtually no liabilities and have little redemption risk, which allows them to take a longer-term investment outlook than most other institutional investors. Edited by a Nobel laureate, a respected academic at the Columbia Business School, and a longtime international banker and asset manager, this volume examines the specificities of SWFs in greater detail and discusses the implications of their growing presence for the world economy. Based on essays delivered in 2011 at a major conference on SWFs held at Columbia University, this volume discusses the objectives and performance of SWFs, as well as their benchmarks and governance. What are the opportunities for SWFs as long-term investments? How do they fulfill their socially responsible mission? And what role can SWFs play in fostering sustainable development and greater global financial stability? These are some of the crucial questions addressed in this one-of-a-kind volume.

Download or read book Globalization and Poverty written by Ann Harrison and published by University of Chicago Press. This book was released on 2007-11-01 with total page 674 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past two decades, the percentage of the world’s population living on less than a dollar a day has been cut in half. How much of that improvement is because of—or in spite of—globalization? While anti-globalization activists mount loud critiques and the media report breathlessly on globalization’s perils and promises, economists have largely remained silent, in part because of an entrenched institutional divide between those who study poverty and those who study trade and finance. Globalization and Poverty bridges that gap, bringing together experts on both international trade and poverty to provide a detailed view of the effects of globalization on the poor in developing nations, answering such questions as: Do lower import tariffs improve the lives of the poor? Has increased financial integration led to more or less poverty? How have the poor fared during various currency crises? Does food aid hurt or help the poor? Poverty, the contributors show here, has been used as a popular and convenient catchphrase by parties on both sides of the globalization debate to further their respective arguments. Globalization and Poverty provides the more nuanced understanding necessary to move that debate beyond the slogans.

Download or read book Poverty and the International Economic Legal System written by Krista Nadakavukaren Schefer and published by Cambridge University Press. This book was released on 2013-03-21 with total page 501 pages. Available in PDF, EPUB and Kindle. Book excerpt: Looking beyond development, this volume examines international trade, investment and finance law with a focus on poverty.

Download or read book The Doctrine of Odious Debt in International Law written by Jeff King and published by Cambridge University Press. This book was released on 2016-05-26 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: According to the doctrine of odious debt, loans which are knowingly provided to subjugate or defraud the population of a debtor state are not legally binding against that state under international law. Breaking with widespread scepticism, this groundbreaking book reaffirms the original doctrine through a meticulous and definitive examination of state practice and legal history. It restates the doctrine by introducing a new classification of odious debts and defines 'odiousness' by reference to the current, much more determinate and litigated framework of existing public international law. Acknowledging that much of sovereign debt is now governed by the private law of New York and England, Jeff King explores how 'odious debts' in international law should also be regarded as contrary to public policy in private law. This book is essential reading for practising lawyers, scholars, and development and human rights workers.

Download or read book Development and the State in the 21st Century written by Erica Frantz and published by Bloomsbury Publishing. This book was released on 2015-10-26 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: Development and the State in the 21st Century provides a comprehensive analysis of the state's role in contemporary development. The book examines the challenges that states face in the developing world – from lasting poverty and political instability to disease and natural disasters – and explores the ways in which states can build capacity to surmount these challenges. It takes seriously the role that state institutions can play in development while also looking at what institutional reform entails and why this reform is critical for policy recommendations to work. This analysis is set in the context of the evolution of both development practice and development theory. Chapters are organized around the key issues in the field and deploy a wide range of examples from different countries. A range of case studies throughout the text demonstrate the variety of problems development practitioners face and the key theoretical debates surrounding the subject. This text will be particularly useful to students of development and politics who wish to understand how governance and state-building can improve countries' economic performance and end cycles of poverty.

Download or read book Community Interests Across International Law written by Eyal Benvenisti and published by Oxford University Press. This book was released on 2018-05-10 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the extent to which contemporary international law expects states to take into account the interests of others - namely third states or their citizens - when they form and implement their policies, negotiate agreements, and generally conduct their relations with other states. It systematically considers the various manifestations of what has been described as 'community interests' in many areas regulated by international law and observes how the law has evolved from a legal system based on more or less specific consent and aimed at promoting particular interests of states, to one that is more generally oriented towards collectively protecting common interests and values. Through essays by experts in the field, this book explores topics such as the sources of international law and the institutional aspects of developing the law and covers a range of areas within the law.

Download or read book When Should Law Forgive written by Martha Minow and published by W. W. Norton & Company. This book was released on 2019-09-24 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Martha Minow is a voice of moral clarity: a lawyer arguing for forgiveness, a scholar arguing for evidence, a person arguing for compassion.” —Jill Lepore, author of These Truths In an age increasingly defined by accusation and resentment, Martha Minow makes an eloquent, deeply-researched argument in favor of strengthening the role of forgiveness in the administration of law. Through three case studies, Minow addresses such foundational issues as: Who has the right to forgive? Who should be forgiven? And under what terms? The result is as lucid as it is compassionate: A compelling study of the mechanisms of justice by one of this country’s foremost legal experts.

Download or read book The Wiley Blackwell Companion to Sociology written by George Ritzer and published by John Wiley & Sons. This book was released on 2019-12-16 with total page 519 pages. Available in PDF, EPUB and Kindle. Book excerpt: The new, updated edition of the authoritative and comprehensive survey of modern sociology The Wiley Blackwell Companion to Sociology, Second Edition is an authoritative survey of the major topics, current and emerging trends, and contemporary issues in the study of human social relationships and institutions. A collection of contributions from globally-recognized scholars and experts explore the theoretical and methodological foundations of sociology, new and established debates, and the most current research in the field. Broad in scope, this book covers a multitude of topics ranging from crime, urbanization, sexuality, and education to new questions surrounding big data, authoritarian capitalism, and the rise of nationalism. Since the first edition of the Companion was published, new developments have emerged and new problems have been created such as the omnipresence of social media, political and institutional upheaval, and the global refugee and immigration crises. This revised and updated second edition describes and explains social changes that have occurred in the past several years, both within the field of sociology and society as a whole. Previous material has been updated to reflect current research, while eleven new chapters address topics including feminist theory, debt and social change, and armed conflict and war. This comprehensive volume: Offers an engaging and accessible guide to the field of sociology, revised and updated for the second edition Presents wide-ranging, comprehensive coverage of the discipline Explores issues of contemporary relevance such as digital media and consumption Reflects state-of-the-art scholarship and contemporary debates New chapters for the second edition cover essential topics including feminist theory, armed conflict, big data, authoritarian capitalism, debt and social change, and the rise of nationalism The Wiley Blackwell Companion to Sociology, Second Edition is an invaluable resource for academics and graduate students, researchers, scholars, and educators in the discipline of sociology and allied fields such as anthropology, human geography, political science, and psychology.

Download or read book Issues and Actors in the Global Political Economy written by André Broome and published by Bloomsbury Publishing. This book was released on 2014-03-11 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: A major new text on contemporary global political economy that focuses centrally on key issues and actors. Concise and accessibly written, it provides an ideal introduction to the contemporary dynamics and processes of change in the global political economy.

Download or read book International Law written by Jan Klabbers and published by Cambridge University Press. This book was released on 2017-04-13 with total page 865 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by one of the world's leading international lawyers, this is the new and updated edition of Jan Klabber's landmark textbook. International law can be defined as 'the rules governing the legal relationship between nations and states', but in reality it is much more complex, with political, diplomatic and socio-economic factors shaping the law and its application. This refreshingly clear, concise textbook encourages students to view international law as a dynamic system of organizing the world. Bringing international law back to its first principles, the book is organised around four questions: where does it come from? To whom does it apply? How does it resolve conflict? And what does it say? Building on these questions with both academic rigour and clarity of expression, Professor Klabbers breathes life and energy into the subject. Footnotes point students to the wider academic debate while chapter introductions and final remarks reinforce learning. The second edition has been updated throughout, with particular attention to recent judicial decisions, and features new sections on sovereign debt relief, the prompt release of vessels, and the Antarctic.

Download or read book The World Bank Legal Review Volume 6 Improving Delivery in Development written by Jan Wouters and published by World Bank Publications. This book was released on 2015-03-13 with total page 595 pages. Available in PDF, EPUB and Kindle. Book excerpt: Voice, social contract, and accountability are discussed from the point of view of the function of law, justice, judicial systems and related areas from human rights to government policy, urban development, resource management, gender, social rights, economic reforms, governance, sustainable development and anti-corruption.

Download or read book Tactics and Emancipation in the Age of Authoritarian Neoliberalism written by Nicholas Kiersey and published by Taylor & Francis. This book was released on 2023-04-11 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book calls for new attention to non-traditional forms of emancipatory tactics and welcomes to the fold all manner of ‘everyday’ expressions of anti-authoritarianism. Capitalism has taken the mask off. Elites feel less obliged to pursue strategies of popular legitimization. The traditional institutions of representative democracies are thus hollowing out and stand before us corrupted and broken. In this milieu, the prospects for a democratic entering of the state are seen as increasingly fantastical, and the Left is advised instead to adopt a more tactical posture. These expressions can run the gamut, from the more obviously theatrical antics of ‘The Yes Men’ to those of ‘black bloc,’ and other direct-action militant groups, already well-known from their interventions in the cities of Berkeley and Charlottesville. This volume addresses this problem via the concept of tactics. The point is less to prescribe an ideal range of tactics but rather to consider a broader range of resistances—from the struggles of indigenous peoples to those who seek refuge from gender or citizenship-based discrimination to those who seek to defend “black lives” from militarized policing. Tactics and Emancipation in the Age of Authoritarian Neoliberalism will be a beneficial read for students and scholars of Critical Political Science, International Relations, and International Political Economy. The chapters in this book were originally published as a special issue of New Political Science.

Download or read book Contesting Political Differentiation written by Erik O. Eriksen and published by Springer. This book was released on 2019-02-01 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the causes and nature of political differentiation in Europe. It deals with the normative problem of differentiated integration, both in its vertical and horizontal dimensions, and addresses the problem of differentiation through a theory of democratic autonomy and dominance. A politically differentiated EU could deprive people of their right to co-determine common affairs and have adverse effects for democratic self-rule. It could also take away the people’s ability to influence political decisions that they are ultimately affected by. This book argues that differentiation is not an innocent instrument for handling conflicts in interconnected contexts. The consequences of what might be a benign plea for sovereignty and independence can in fact lead to the opposite.

Download or read book Government Budgeting and Expenditure Management written by Salvatore Schiavo-Campo and published by Routledge. This book was released on 2017-02-17 with total page 539 pages. Available in PDF, EPUB and Kindle. Book excerpt: The government budget should be the financial mirror of society's choices. Yet most people view budgeting as the epitome of eye-glazing subjects, rarely explained in a way that is understandable to the non-specialist and too often presented without adequate consideration of a country’s governance and institutional capacity. Government Budgeting and Expenditure Management fills a gap in the literature to redress these failings and does so in comparative international perspective. This book provides a comprehensive but pithy and easy-to-understand treatment of public financial management, taking into account a variety of special issues including budgeting in post-conflict situations, at subnational government levels, for military/security expenditures, and in countries with large extractive revenues. Distilling the lessons of budgeting reform in countries at different levels of income and administrative capacity, each chapter gradually progresses from the basic principles to the more technical aspects and then on to implementation issues, using concrete examples and illustrations from around the globe. Government Budgeting and Expenditure Management is ideally suited as the primary text for advanced undergraduate or graduate courses in government budgeting or public financial management, or as a supplementary text for courses in public finance, public economics, economic development, public administration or comparative politics. With its attention to practical implementation aspects, the book will also be of direct interest to practitioners, policy-makers, and government employee training organizations.

Download or read book Transnational Financial Crime written by Nikos Passas and published by Routledge. This book was released on 2017-07-05 with total page 683 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial crime affects virtually all areas of public policy and is increasingly transnational. The essays in this volume address both the theoretical and policy issues arising from financial crime and feature a wide variety of case studies, and cover topics such as state revenue collection, criminal enterprises, money laundering, the use of new technologies and methods in financial crime, corruption, terrorism, proliferation of WMD, sanctions, third-world debt, procurement, telecommunications, cyberspace, the defense industry and intellectual property. Taken together, these essays form a must-read collection for scholars and students in law, finance and criminology.

Download or read book From Poverty to Power written by Duncan Green and published by Oxfam. This book was released on 2008 with total page 540 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offers a look at the causes and effects of poverty and inequality, as well as the possible solutions. This title features research, human stories, statistics, and compelling arguments. It discusses about the world we live in and how we can make it a better place.