International law on sovereign defaults is underdeveloped because States have largely refrained from adjudicating disputes arising out of public debt. The loomi

The modern tendency to restrict international arbitration to matters of commerce and investment is succumbing to a renewed recognition of the original impetus f

"International law on sovereign defaults is underdeveloped because States have largely refrained from adjudicating disputes arising out of public debt. The loom

2 Dispute Settlement Under UNCLOS