Table of Contents
Acknowledgments
Introduction, by Martin Guzman, José Antonio Ocampo, and Joseph E. Stiglitz
Part I: General Issues of Sovereign Debt Restructuring
1. Creating a Framework for Sovereign Debt Restructuring that Works, by Martin Guzman, José Antonio Ocampo, and Joseph E. Stiglitz
2. Sovereign Debt of Developing Countries: Overview of Trends and Policy Perspectives, by Marilou Uy and Shichao Zhou
3. Private Creditor Power and the Politics of Sovereign Debt Governance, by Skylar Brooks and Domenico Lombardi
Part II: Two Case Studies: Argentina and Greece
4. From the Pari Passu Discussion to the Illegality of Making Payments, by Sergio Chodos
5. Greek Debt Denial: A Modest Debt Restructuring Proposal and Why It Was Ignored, by Yanis Varoufakis
Part III: Improvements to the Contractual Approach
6. Count the Limbs: Designing Robust Aggregation Clauses in Sovereign Bonds, by Anna Gelpern, Ben Heller, and Brad Setser
7. Contractual and Voluntary Approaches to Sovereign Debt Restructuring: There Is Still More to Do, by Richard Gitlin and Brett House
8. Sovereign Debt Restructuring: A Coasean Perspective, by James A. Haley
9. Creditor Committees in Sovereign Debt Restructurings: Understanding the Benefits and Addressing Concerns, by Timothy B. DeSieno
Part IV: Proposals for a Multinational Framework for Sovereign Debt Restructuring: Principles, Elements, and Institutionalization
10. A Brief History of Sovereign Debt Resolution and a Proposal for a Multilateral Instrument, by José Antonio Ocampo
11. Toward a Multilateral Framework for Recovery from Sovereign Insolvency, by Barry Herman
12. Making a Legal Framework for Sovereign DebtRestructuring Operational, by Jürgen Kaiser
13. Perspectives on a Sovereign Debt Restructuring Framework: Less Is More, by Richard A. Conn Jr.
14. Toward a Framework for Sovereign Debt Restructuring: What Can Public International Law Contribute?, by Robert Howse
15. Debts, Human Rights, and the Rule of Law: Advocating a Fair and Efficient Sovereign Insolvency Model, by Kunibert Raffer
Contributors
Index