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UNCTAD unveils principles to guide responsible sovereign lending and borrowing

Submitted by on 08/05/2011 – 10:17 amNo Comment

Juan Pablo Bohoslavsky drew my attention to the recent publication of the principles to guide responsible sovereign lending and borrowing. An Expert Group has drafted these principles to be applied in this area and in particular in financial crisis. The next step is to organize regional meetings to discuss the principles with governments. Juan Pablo would like to draw attention to the principles so that a debate about them can start. The press release explaining the initiative is available here: http://www.unctad.info/en/Debt-Portal/News-Archive/UNCTAD-Launches-Principles-on-Responsible-Sovereign-Lending-and-Borrowing-3052011/

The Principles themselves are available here: http://www.unctad.org/en/docs//gdsddf2011misc1_en.pdf

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