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Renegotiating the Odious Debt Doctrine

Abstract

Following the United States\u27 invasion and subsequent occupation of Iraq,\u27 the US government argued that the successor government in Iraq was not responsible for Iraq\u27s Saddam-era debt under the purported doctrine of odious-regime debt. This purported doctrine apparently excused--by operation of law--all successor regimes from repaying debts that were incurred by oppressive predecessor regimes. Here, Cheng presents three-part response regarding the purported rule that oppressive debts of a predecessor government do not bind its successor

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