Sovereign Debt, Human Rights, and Policy Conditionality

Journal of Political Philosophy 19 (3):282-305 (2011)
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Abstract

International policies often make the conferral of aid, debt relief, or additional trading opportunities to a country depend upon its having successfully implemented specific policies, achieved certain social or economic outcomes, or demonstrated a commitment to conducting itself in specified ways. Such policies are conditionality arrangements. My aim in this article is to explore whether conditionality arrangements that would make the conferral of debt relief depend on whether the debtor country achieves a certain status with respect to the human right fulfilment of its population can be justified. I argue that many objections that are typically advanced against conditionality arrangements are unconvincing, and that the possible benefits of human rights conditionality are sufficient to warrant serious intellectual and practical exploration. Whether or not particular arrangements are justified cannot be determined in advance of such exploration.

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Christian Barry
Australian National University

Citations of this work

Global reserve currencies from the perspective of structural global justice: distribution and domination.Lisa Herzog - 2021 - Critical Review of International Social and Political Philosophy 24 (7):931-953.
Global reserve currencies from the perspective of structural global justice: distribution and domination.Lisa Herzog - 2021 - Critical Review of International Social and Political Philosophy 24 (7):931-953.
Eurozone Justice.Juri Viehoff - 2018 - Journal of Political Philosophy 26 (3):388-414.

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