africa: FAIR AND TRANSPARENT ARBITRATION PROCESSEs

The debt crisis of developing countries has not yet been solved by current international debt management as designed by the Paris Club, International Financial Institutions (IFIs) including the IMF and World Bank, the London Club, and the G7. This paper presents the specific framework of an international insolvency procedure that relies on Fair and Transparent Arbitration Processes (FTAPs) to solve debt crises.