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1

Schier, Holger. Towards a reorganisation system for sovereign debt: An international law perspective. Leiden: Martinus Nijhoff Publishers, 2007.

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2

Updating depreciable lives: Is there salvage value in the current system? : hearing before the Subcommittee on Long-term Growth and Debt Reduction of the Committee on Finance, United States Senate, One Hundred Ninth Congress, first session, July 21, 2005. Washington: U.S. G.P.O., 2005.

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3

Program, Institute of Medicine (U S. ). Committee on Evaluation of the Metropolitan Medical Response. Preparing for terrorism: Tools for evaluating the Metropolitan Medical Response System Program. Washington, DC: National Academy Press, 2002.

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4

Canada. Bill: An act to authorize the erection of an hospital, near the Welland Canal, for the relief of sick and wounded sailors, navigating the lakes. [Toronto: J. Lovell, 2001.

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5

Canada. Bill: An act to afford relief to the original owners, and protection to the purchasers of lands sold prematurely for taxes in Upper Canada, under a misinterpretation of the Consolidated Assessment Act. Ottawa: Hunter, Rose, 2001.

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6

Semenova, Nadezhda, Svetlana Artemyeva, Svetlana Busalova, Ol'ga Eremina, and Svetlana Makeikina. State and municipal finance. ru: Publishing Center RIOR, 2020. http://dx.doi.org/10.29039/01853-8.

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The textbook reveals the theoretical and practical foundations of the organization of state and municipal finance. It examines the economic role and functions of the state, the current state of the state and municipal sectors of the economy, public finance management, the essence of the budget and state extra-budgetary funds, the organization of the budget process. Priorities and main directions of development of the budget structure and budget system of the Russian Federation, tendencies of development of sovereign funds of the state as a monetary resource are analyzed. Special attention is paid to the formation and implementation of the budget policy of the Russian Federation, the formation of inter-budgetary relations, trends in the development of public credit and public debt, the peculiarities of the provision of state (municipal) services and procurement. The content of the textbook meets the requirements of the Federal state educational institution IN the areas of bachelor's and master's degrees of the enlarged group of specialties 380000 "Economics and management". The textbook is intended for students, postgraduates and teachers of economic and managerial areas of training, students of courses and faculties of qualification improvement, employees of financial authorities and persons independently studying state and municipal Finance.
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7

B, O'Neill Helen, ed. Third World debt: How sustainable are current strategies and solutions? London: F. Cass in association with the European Association of Development Research and Training Institutes (EADI) Geneva, 1990.

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8

Towards a Reorganisation System for Sovereign Debt. BRILL, 2007.

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9

Ethiopia. Early Warning and Planning Services., ed. Current situation & future prospect: Early warning system special report. Addis Abeba, Ethiopia: Early Warning and Planning Services, Relief and Rehabilitation Commission, 1985.

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10

Schier, Holger. Towards a Reorganisation System for Sovereign Debt: An International Law Perspective. BRILL, 2007.

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11

Early warning system special release: The current food situation in Ethiopia and the prospect for 1993. Addis Ababa, Ethiopia: Early Warning and Planning Services, Relief and Rehabilitation Commission, 1992.

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12

The Complete Guide to Debt Recovery: How to Use the Legal System to Collect Debts Quickly and Painlessly. Thorogood, 2003.

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13

Radcliffe, Ann. The Romance of the Forest. Edited by Chloe Chard. Oxford University Press, 2009. http://dx.doi.org/10.1093/owc/9780199539222.001.0001.

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The Romance of the Forest (1791) heralded an enormous surge in the popularity of Gothic novels, in a decade that included Ann Radcliffe’s later works, The Mysteries of Udolpho and The Italian. Set in Roman Catholic Europe of violent passions and extreme oppression, the novel follows the fate of its heroine Adeline, who is mysteriously placed under the protection of a family fleeing Paris for debt. They take refuge in a ruined abbey in south-eastern France, where sinister relics of the past - a skeleton, a manuscript, and a rusty dagger - are discovered in concealed rooms. Adeline finds herself at the mercy of the abbey’s proprietor, a libidinous Marquis whose attentions finally force her to contemplate escape to distant regions. Rich in allusions to aesthetic theory and to travel literature, The Romance of the Forest is also concerned with current philosophical debate and examines systems of thought central to the intellectual life of late eighteenth-century Europe.
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14

Ocampo, José Antonio. Reforming the (Non)System. Oxford University Press, 2017. http://dx.doi.org/10.1093/oso/9780198718116.003.0007.

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This chapter proposes a comprehensive yet evolutionary reform of the global monetary non-system that evolved out of the breakdown of the original Bretton Woods arrangement in the early 1970s. The recent North Atlantic financial crisis showed how dysfunctional the current international monetary and financial architecture is for managing today’s global economy, and led to calls to reform it. Proposals for reform in this chapter include: (i) a global reserve system that mixes the multi-currency arrangement with an active use of the International Monetary Fund’s Special Drawing Rights; (ii) stronger mechanisms of macroeconomic policy cooperation, including management of the exchange rate system and capital account regulations; (iii) additional automatic balance-of-payments financing facilities, and the complementary use of swap and regional arrangements; (iv) a multilateral sovereign debt workout mechanism; and (v) major reforms of the system’s governance.
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15

Ocampo, José Antonio. Resetting the International Monetary (Non)System. Oxford University Press, 2017. http://dx.doi.org/10.1093/oso/9780198718116.001.0001.

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This book provides an analysis of the global monetary system and the necessary reforms that it should undergo to play an active role in the twenty-first century. As its title indicates, its basic diagnosis is that it is an ad hoc framework rather than a coherent system—a ‘non-system’—which evolved after the breakdown of the original Bretton Woods arrangement in the early 1970s. The book places a special focus on the asymmetries that emerging and developing countries face within the current system, and therefore on the development dimensions of the global monetary system and of global monetary reform. The book proposes a comprehensive yet evolutionary reform of the system that includes: (i) provision of international liquidity through a system that mixes the multi-currency arrangement with a more active use of the IMF’s Special Drawing Rights (SDRs), the only true global currency that has been created; (ii) stronger mechanisms of macroeconomic policy cooperation, including greater cooperation in exchange rate management, and freedom to manage capital flows as a complement to counter-cyclical macroeconomic policy and other instruments of financial regulation; (iii) additional automatic balance-of-payments financing facilities, and the complementary use of swap and regional arrangements; (iv) a multilateral sovereign debt workout mechanism; and (v) major reforms of the system’s governance, based on a more representative apex organization, more equitable participation of emerging and developing countries in decision-making, and a network of global, regional, inter-regional, and sub-regional organizations.
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16

Portes, Richard, Julian Franks, Francesca Cornelli, Leonardo Felli, Hugh Mercer, Giovanni Vitale, Christopher Greenwood, and Barry J. Eichengreen. Crisis? What Crisis? Orderly Workouts for Sovereign Debtors. Centre for Economic Policy Research, 1995.

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17

Richard, Portes, ed. Crisis? What crisis? Orderly workouts for sovereign debtors. London: Centre for Economic Policy Research, 1995.

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18

(Editor), Frederick J. Manning, and Lewis Goldfrank (Editor), eds. Preparing for Terrorism: Tools for Evaluating the Metropolitan Medical Response System Program. National Academies Press, 2002.

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19

Henning, C. Randall. Greece 2012 and Cyprus 2013. Oxford University Press, 2017. http://dx.doi.org/10.1093/oso/9780198801801.003.0010.

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Greece posed the greatest challenge among the program countries, while Cyprus, linked to Greece through the banking system and debt restructuring, was the smallest of the country programs. The second Greek program was accompanied by substantial debt relief, but the process of granting it exposed sharp disagreements within the regime complex for crisis finance. The IMF and some euro-area member states advocated private-sector involvement, but split on the sustainability of the remaining official claims on Greece, with the Fund using its debt sustainability analysis as leverage. The case of Cyprus demonstrates that the IMF can be influential even if it contributes a relatively small share of the financing, when it is backed by key creditor states. In both cases, despite substantive conflict, key European creditors adhered faithfully to including the IMF and mediated among the institutions when they became deadlocked.
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20

Linarelli, John, Margot E. Salomon, and Muthucumaraswamy Sornarajah. Global Finance. Oxford University Press, 2018. http://dx.doi.org/10.1093/oso/9780198753957.003.0006.

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This chapter explores how financial globalization of today fails to deliver enough of the right sort of finance necessary to promote development and productive investment in societies. The contemporary global financial architecture serves primarily to enrich affluent investors and major financial institutions while putting societies and their people at grave risk of harm, including from global financial crises. The chapter explores these issues by first examining the history of the global financial architecture from the nineteenth century to the present. It moves on to critique current institutions of law mainly on grounds of justice. The chapter addresses problems associated with the regulation and supervision of banks, at the international level a form of soft law forming the core of the global financial architecture. It also explores how the power of global finance makes real reform at either the domestic or international level very difficult. Finally, the chapter exposes injustices associated with the resolution of sovereign debt crises, with a focus on the recent crisis for Greece. It considers serious shortcomings of the international legal system in this area, including how the contract approach of international law sought to resolve the crises in a manner in which the less advantaged are made much worse off.
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21

Quinn, Sarah L. American Bonds. Princeton University Press, 2019. http://dx.doi.org/10.23943/princeton/9780691156750.001.0001.

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Federal housing finance policy and mortgage-backed securities have gained widespread attention in recent years because of the 2008 financial crisis, but issues of government credit have been part of American life since the nation's founding. From the 1780s, when a watershed national land credit policy was established, to the postwar foundations of our current housing finance system, this book examines the evolution of securitization and federal credit programs. The book shows that since the Westward expansion, the US government has used financial markets to manage America's complex social divides, and politicians and officials across the political spectrum have turned to land sales, home ownership, and credit to provide economic opportunity without the appearance of market intervention or direct wealth redistribution. Highly technical systems, securitization, and credit programs have been fundamental to how Americans determined what they could and should owe one another. Over time, government officials embraced credit as a political tool that allowed them to navigate an increasingly complex and fractured political system, affirming the government's role as a consequential and creative market participant. Neither intermittent nor marginal, credit programs supported the growth of powerful industries, from railroads and farms to housing and finance; have been used for disaster relief, foreign policy, and military efforts; and were promoters of amortized mortgages, lending abroad, venture capital investment, and mortgage securitization. Illuminating America's market-heavy social policies, this book illustrates how political institutions became involved in the nation's lending practices.
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