Preface -- Abbreviations -- Part A Introduction -- Chapter I. The Early Days of Sovereign Insolvency -- 1. Sovereign Insolvencies as a Non-Legal Issue -- 2. Unsustainability of the Doctrine of Sovereign Insolvency as a Non-Legal Issue -- Chapter II. Early Proposals for a Legal Framework for Sovereign Debt Reorganisation -- 1. Contract Autonomy -- 2. Choice of Law and Legal Venue Selection Clauses -- Chapter III. Scope of this Work -- Part B Principal Reform Proposals -- Chapter I. The Contractual Approach -- 1. The Use of Collective Action Clauses and Exit Consents -- 2. CACs and Exit Consents in the Sovereign Context -- 3. Proposals to Extend the Contractual Approach -- 4. Conclusion -- Chapter II. The Proposal for a Statutory Sovereign Debt Restructuring Mechanism -- 1. The U.S. Bankruptcy Code - A Model for International Sovereign Debt Reorganisations? -- 2. Conclusion -- Part C The International Law Perspective -- Chapter I. The RSSD's Normative Basis under Public International Law -- 1. International Conventions -- 2. Customary International Law -- 3. General Principles of International Law -- Chapter II. An Insolvency System for Sovereigns Derived from General Principles of International Law -- 1. Comparability of Domestic Insolvency Regimes -- 2. Selection of the Relevant Legal Systems -- 3. Domestic Insolvency Orders -- 4. Comparative Analysis -- 5. Synthesis -- Chapter III. Enforcement Measures -- 1. Domestic Private Law Sanctions -- 2. Public International Law Sanctions -- 3. New Approaches -- 4. The Limits of Traditional Sanctions - The Case for a Compliance Control Mechanism in International Financial Relations -- Chapter IV. Implementation -- 1. Article VIII (2) (b) IMF Agreement -- 2. Amendment of the IMF Agreement -- 3. Model Law -- 4. Application and Codifi cation of the General Principles of Law -- 5. A Multiple Track Approach.

Part D Conclusion -- Conclusion -- Appendix -- Model Convention on Sovereign Debt Reorganisation -- Bibliography -- Outline of Structure -- Index.