INTERNATIONAL LAW AND VULTURE FUNDS: IN SEARCH OF ALTERNATIVE SOLUTIONS
In recent years, there has been growing concern among politicians, the academic world and the general public about the aggressive strategies implemented by 'vulture funds' in sovereign debt markets and their negative effects, especially on the economies of developing countries. In the abse...
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Formato: | Artículo revista |
Lenguaje: | Español |
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Facultad de Derecho. Departamento de Derecho Público
2020
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Acceso en línea: | https://revistas.unc.edu.ar/index.php/recordip/article/view/27774 |
Aporte de: | Aportado por :
Revistas de la UNC de
Universidad Nacional de Córdoba .
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I10-R10article-27774 |
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ojs |
institution |
Universidad Nacional de Córdoba |
institution_str |
I-10 |
repository_str |
R-10 |
container_title_str |
Revistas de la UNC |
language |
Español |
format |
Artículo revista |
topic |
vulture funds sovereign debt debt crisis restructuring collective action clauses anti-vulture legislation Fondos buitre deuda soberana crisis de deuda reestructuración cláusulas de acción colectiva legislación contra los fondos buitres |
spellingShingle |
vulture funds sovereign debt debt crisis restructuring collective action clauses anti-vulture legislation Fondos buitre deuda soberana crisis de deuda reestructuración cláusulas de acción colectiva legislación contra los fondos buitres Pavlidis , George INTERNATIONAL LAW AND VULTURE FUNDS: IN SEARCH OF ALTERNATIVE SOLUTIONS |
topic_facet |
vulture funds sovereign debt debt crisis restructuring collective action clauses anti-vulture legislation Fondos buitre deuda soberana crisis de deuda reestructuración cláusulas de acción colectiva legislación contra los fondos buitres |
author |
Pavlidis , George |
author_facet |
Pavlidis , George |
author_sort |
Pavlidis , George |
title |
INTERNATIONAL LAW AND VULTURE FUNDS: IN SEARCH OF ALTERNATIVE SOLUTIONS |
title_short |
INTERNATIONAL LAW AND VULTURE FUNDS: IN SEARCH OF ALTERNATIVE SOLUTIONS |
title_full |
INTERNATIONAL LAW AND VULTURE FUNDS: IN SEARCH OF ALTERNATIVE SOLUTIONS |
title_fullStr |
INTERNATIONAL LAW AND VULTURE FUNDS: IN SEARCH OF ALTERNATIVE SOLUTIONS |
title_full_unstemmed |
INTERNATIONAL LAW AND VULTURE FUNDS: IN SEARCH OF ALTERNATIVE SOLUTIONS |
title_sort |
international law and vulture funds: in search of alternative solutions |
description |
In recent years, there has been growing concern among politicians, the academic world and the general public about the aggressive strategies implemented by 'vulture funds' in sovereign debt markets and their negative effects, especially on the economies of developing countries. In the absence of an international mechanism for the restructuring of sovereign debt, developing countries with financial difficulties and their private creditors must negotiate in good faith to forge a fair and viable restructuring agreement. At the same time, more coordinated action is needed to discourage vulture fund strategies. The use of voluntary codes, the use of Collective Action Clauses with characteristics of aggregation and, as a last resort, the introduction of carefully drafted national legislation against vulture funds should constitute the key elements of such coordinated action. |
publisher |
Facultad de Derecho. Departamento de Derecho Público |
publishDate |
2020 |
url |
https://revistas.unc.edu.ar/index.php/recordip/article/view/27774 |
work_keys_str_mv |
AT pavlidisgeorge internationallawandvulturefundsinsearchofalternativesolutions AT pavlidisgeorge derechointernacionalyfondosbuitreenbuscadesolucionesalternativas |
bdutipo_str |
Revistas |
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