Odious debts and international fair trade.
I argue that one of the most important reasons why international trade has been unfair is that weaker parties in trading negotiations have been illegitimately forced to accept terms of trade that they would not otherwise accept under normal circumstances. Odious debts are at the center of this kind...
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| Tipo de recurso: | artículo |
| Fecha de publicación: | 2019 |
| País: | España |
| Institución: | Universidad de Murcia |
| Repositorio: | DIGITUM. Depósito Digital Institucional de la Universidad de Murcia |
| OAI Identifier: | oai:digitum.um.es:10201/68984 |
| Acceso en línea: | http://dx.doi.org/10.6018/daimon/275011 http://hdl.handle.net/10201/68984 |
| Access Level: | acceso abierto |
| Palabra clave: | Fair Trade Odious Debts Global Justice Coercion World Poverty Comercio Justo Deudas Odiosas Justicia Global Coerción Pobreza Mundial 1(05) |
| Sumario: | I argue that one of the most important reasons why international trade has been unfair is that weaker parties in trading negotiations have been illegitimately forced to accept terms of trade that they would not otherwise accept under normal circumstances. Odious debts are at the center of this kind of injustice. Odious debts are sovereign debts that are not binding for the state, as public officials have used the money for private purposes. Creditor countries have taken advantage of the fact that countries are burdened with odious debts by tailoring trade agreements in their favor. |
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