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Sovereign Debt and Social Rights-Legal Reflections on a Difficult Relationship

Michalowski, S (2008) 'Sovereign Debt and Social Rights-Legal Reflections on a Difficult Relationship.' Human Rights Law Review, 8 (1). pp. 35-68. ISSN 1461-7781

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The relationship between the sovereign debt of developing countries and the protection of social rights in those countries has received a lot of attention from an economic, political and moral perspective, but relatively little has been written about the legal side of this relationship. This article addresses the underlying issues from three different angles. First of all, it analyses what is and could be the role of international social rights obligations in the context of debt repayment policies and decisions, and how conflicts between social rights protection and contractual repayment obligations can and should be resolved under international law. A second issue is what the protection of social rights in national constitutions might add to the discussion, particularly with regard to the justiciability of social rights. Thirdly, it will be examined whether and how social rights can be used as a defence in proceedings for debt repayment. © The Author [2008]. Published by Oxford University Press. All rights reserved.

Item Type: Article
Subjects: H Social Sciences > HG Finance
K Law > K Law (General)
Divisions: Faculty of Humanities
Faculty of Humanities > Law, School of
SWORD Depositor: Elements
Depositing User: Elements
Date Deposited: 11 Dec 2012 12:38
Last Modified: 15 Jan 2022 00:45

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