Closing the Gap for Fairness and Prosperity: Annamaria Viterbo’s Sovereign Debt Restructuring: The Role and Limits of Public international Law

The most glaring gap in global economic governance is the lack of an orderly and fair sovereign debt restructuring arrangement.  Annamaria Viterbo’s new volume, Sovereign Debt Restructuring: the Role and Limits of Public International Law, helps us understand why this is so and how we might move forward. 

Lessons from Nigeria and Process & Industrial Developments Limited (P&ID)

In this piece, we follow up on Uzodinma’s arguments, especially as it relates to the broader significance of the prima facie case put forward by Nigeria that ‘the GSPA, the arbitration clause in the GSPA and the awards were procured as the result of a massive fraud perpetrated by P&ID.’ Nigeria further argued that ‘to deny them the opportunity to challenge the Final Award would involve the English court being used as an unwitting vehicle of the fraud.’

Book Symposium Introduction: Sovereign Debt Restructuring: The Role and Limits of Public International Law

I am delighted to introduce the book symposium on my new monograph titled Sovereign Debt Restructuring: The Role and Limits of Public International Law. Unfortunately, the time could not be riper to discuss the role played by international law in sovereign debt restructuring. In fact, as a consequence of the ongoing economic recession caused by the COVID-19 pandemic, the world is facing a new systemic sovereign debt crisis.

Afronomicslaw.org is seeking an Editorial Assistant

Afronomicslaw.org, the leading blog on international economic law focused on Africa and the Global South, is looking to hire an Editorial Assistant to provide support to Editors on a regular basis in connection with the blog, the African Sovereign Debt Justice Network Project, (AfSDJN); and other associated projects of the organization.

Introducing the African Sovereign Debt Justice Network (AfSDJN)

A primary objective of the AfSDJN is to undertake research, advocacy, tactics and strategies around the changing nature of debt, globally and in Africa, which threatens economic development, social cohesion and several gains made in building social contracts in recent years. Afronomicslaw.org is grateful to Open Society Initiative for Southern Africa, (OSISA) Economic Justice Program and Open Society Foundation’s African Regional Office.

Beyond Intellectual Property? “Open science” to overcome COVID-19

There is no doubt that solving this pandemic is the most pressing challenge of our time. This is not a zero sum game. Below, I elaborate on the four points for effective global solidarity to tackle the pandemic.

AfCFTA, Technical Assistance and the Reproduction of Western-Style IP Norms in Africa

While WIPO’s technical assistance programme has been seen as less biased than much of the bilateral assistance on offer from the EU and the US, the history that Africa has with WIPO concerning cooperation in the provision of IP technical assistance can be said to have led to the introduction of Western-style IP norms across the continent. Our leaders and negotiators, therefore, need to proceed with caution in negotiating the AfCFTA IP protocol and the kind of technical assistance they receive. They must consult broadly and court the services of African scholars and experts on the matter.