The Keynesian premise of international finance was to allow rich, surplus countries to finance the economic development of poor, deficit countries. For some time now, this has not been the case. In the following, we will analyse the enormous debt of the developed countries and their relationship with their developing country creditors. For example, the G7 is the group of debtor countries in the G20, and the other 12 are emerging creditor countries with ample international reserves. The EU as a block is not taken into account here.
About this event
On 13 May 2022, the University of Leeds School of Law’s Centre for Business Law and Practice (CBLP), directed by Professor Peter Whelan, will host its Inaugural Conference on Recent Developments in Insolvency Law.