Search Climate Insights Directory
1 result
DateDocumentOrganization and type
DESIGNING HUMAN RIGHTS-ALIGNED REFORMS FOR DEBT RESTRUCTURINGS
The document examines how international human rights law can reshape sovereign debt restructuring to protect socio-economic rights in the Global South. It identifies key principles—including the right to development, self-determination, and good faith—that should replace the current 'non-system' of contractual negotiations. The authors advocate for a legally binding statutory mechanism under the United Nations to ensure transparency, prevent abusive holdout litigation by vulture funds, and prioritize minimum standards of living over creditor interests.
AI-generated
This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Research paper
Showing 1–1 of 1 document