The Doctrine of Odious Debt in International Law

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The doctrine of odious debt asserts that loans intended to oppress or defraud a debtor state's population are not enforceable under international law. This book offers a comprehensive analysis of state practices and legal history, reaffirming the doctrine and introducing a new classification of odious debts. It redefines 'odiousness' within the context of contemporary public international law and examines how these debts should also be viewed as contrary to public policy in private law. It serves as a vital resource for legal professionals and scholars.