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The Architecture of World Governance
Setting up an Arbitration Tribunal on Debt: An Alternative Solution?
¤ Hugo Ruiz Díaz ¤ June 2003
This memo is a brief analysis of a few proposals for the institution of an international arbitration tribunal on debt. The idea is to institute an independent international arbitration body that recognizes the respective responsibilities of debtors and creditors. Facing the seriousness of the problem of external debt, this tribunal is intended as a more realistic proposal than the proposals advocating plain and simple cancellation.
The proposals aim at an in-depth solution through a (...) read more
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