Dealing fairly with developing country debt
By: edited by Christian Barry, Lydia Tomitova, Barry Herman.
Contributors: Barry, Christian.; Tomitova, Lydia.; Herman, Barry.
Publisher: Blackwell Pub., Inc.; Blackwell Pub.
Published: 2007
Place of publication: Malden, MA
Language: eng
Number of pages: 350
ISBN-13: 9781405180344
Subjects: Debts, Public -- Developing countries; Debt relief -- Developing countries
Description: "The recent economic collapse in Argentina and financial crisis in Turkey, and the persistent unsustainable debt burdens of many developing countries highlight the practically urgent problem of excessive indebtedness. High debt levels can limit a sovereign government's capacity to provide social services necessary for the well-being of its citizens, and divert resources and energy from the pursuit of long-term development strategies. In this book, philosophers, theologians, lawyers and economists examine questions related to how to deal fairly with the over-indebted governments of developing countries. These questions include: How do you balance obligations to repay a debt with potentially worsening poverty in the debtor country? Should creditors be held accountable - and if so, how - for loans to governments that are not even minimally representative of their people's interests? Are there reforms to the practices governing sovereign borrowing and lending to sovereigns that would increase fairness in how the world treats developing countries with debt difficulties?"--Publisher's description.
Notes: Includes index.
Table of contents: title: Excessive indebtedness as an ethical problem / The Editors; title: The players and the game of sovereign debt / Barry Herman; title: Fairness in sovereign debt / Christian Barry and Lydia Tomitova; title: International debt : the constructive implications of some moral mathematics / Sanjay G. Reddy; title: Should they honor the promises of their parents? Leaders? / Axel Gosseries; title: Risks of lending and liability of lenders / Kunibert Raffer; title: National responsibility and the just distribution of debt relief / Alexander W. Cappelen, Rune Jansen Hagen, Bertil Tungodden; title: Judeo-Christian tradition on debt : political, not just ethical / Ton Veerkamp; title: Making the case for jubilee : the Catholic Church and the poor-country debt movement / Elizabeth A. Donnelly; title: Argentina, the church, and the debt / Thomas J. Trebat; title: Achieving democracy / Thomas Pogge; title: The due diligence model : a new approach to the problem of odious debts / Jonathan Shafter; title: Reviving troubled economies / Jack Boorman; title: The constructive role of private creditors / Arturo C. Porzecanski; title: Resolving international debt crises fairly / Ann Pettifor.