Odious Debt. Reconciling Ethics, Economics and International Law

Guest Lecture Series
27 October 2020
27 October

THE LECTURE WILL BE LIVE STREAMED ONLY

Time: 14:15 - 16:00

Guest Speaker

  • Ugo Panizza - Department of International Economics The Graduate Institute, Geneva, Switzerland
Abstract
An age-old question in international finance is that of what happens to a despotic government’s debts when the despots are vanquished and the good guys take over. Do the good guys have to pay the debts of the despots?  There are both moral and economic arguments for why they should not. However, the law is strict: governments inherit the debts of prior governments, regardless of their nature. This lecture will discuss the possibility of using existing law and legal principles as a substitute for an odious debt doctrine in international law.
 

Free participation upon registration online by 26 October
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Those who have a UNITN email address are required to register using that address. Registration requests will be checked and approved once a day. We cannot guarantee that pre-registrations received after 26 October will be authorised.