La UNCTAD ha colgado un post sobre la conferencia en la UAM, que reproduzco a continuación.

UNCTAD-UAM Academic Conference on “Responsible Sovereign Financing: The Search for Common Principles”, Madrid, 2.03.2012

UNCTAD and Universidad Autónoma de Madrid (UAM) co-organized an academic conference entitled “Responsible Sovereign Financing: The Search for Common Principles” in Madrid on 2 March 2012.

The purpose of this conference was to reflect on the legal status and the economic implications of the Principles released by UNCTAD on responsible sovereign lending and borrowing. Fifteen internationally renowned scholars thus presented and discussed their articles written and submitted responding to the call for papers announced in July 2011. More than 45 participants (European and American scholars, Spanish officials and students) followed the discussions along the day.

The conference was inaugurated by Prof. Armin von Bogdandy, Director at the Max Planck Institute for Comparative Public Law and International Law in Heidelberg. In his lecture, sponsored by the European Society of International Law, Prof. von Bogdandy elaborated on the concept of international public authority and the reasons why actors in sovereign debt prevention and restructurings should follow certain international standards, such as the Principles on Responsible Sovereign Lending and Borrowing.

The presentations made during the conference deepened on the legal status of the Principles, their economic rationale, how they could impact on China as a creditor, and their connections with fiduciary duties, debt management and the UN Convention against corruption, rating agencies and their ways to be implemented.

The conference was concluded by Prof. Robert Howse, Professor of the New York University Law School, who presented some concluding remarks in the light of international law. According to his view, the progression of international law towards normative instruments ensuring more accountability and that losses and risks are fairly shared, predict a “bright future for the Principles”.

Participants expressed special appreciation to Carlos Espósito, International Law Professor of the UAM and co-organizer of the conference, for his commitment and intellectual contribution to the conference.

Details on the conference, participants, articles and the program are available at http://www.uam.es/otros/unctad-uam

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