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- Title
DEBT-FOR-DEVELOPMENT EXCHANGES: AN INNOVATIVE RESPONSE TO THE GLOBAL FINANCIAL CRISIS.
- Authors
Buckley, Ross P.
- Abstract
The article describes the debt-for-development exchanges by reference to the initiatives adopted by a number of European countries, namely Switzerland, Italy, and Spain in relation to the global financial crisis (GFC). It tackles the imposition by the creditor country of expenditure obligations that might not necessarily have been those chosen by the debtor country itself. It discusses the social initiatives that have been adopted by the above-mentioned countries to cope up with the effect of GFC.
- Subjects
SWITZERLAND; ITALY; SPAIN; GLOBAL Financial Crisis, 2008-2009; FINANCIAL crises; DEBTOR &; creditor; PUBLIC spending; DEBT; EUROPEAN Union; PREVENTION
- Publication
University of New South Wales Law Journal, 2009, Vol 32, Issue 2, p620
- ISSN
0313-0096
- Publication type
Article