From Tariffs to Sovereign Debt Distress: The Missing Link Between Trade Disruptions and Rights-Based Debt Restructuring in International Law

Key Points

• The aim is to explore the relationship between trade disruptions and their impact on sovereign debt restructuring within the framework of international law.
• Qualitative analysis of legal frameworks regarding trade and debt restructuring
• Examination of case studies highlighting trade disruptions
• Discussion of implications for rights-based approaches in debt management
• Identifies a critical link between trade disruptions and increased sovereign debt distress
• Suggests that rights-based frameworks can offer effective restructuring solutions
• Highlights the potential for reform in international legal practices concerning trade and debt