Legislation authored by experts from the University of Warwick to help resolve the debt crisis in developing countries has been scheduled for debate in Parliament.
Dr Stephen Connelly and Professor Celine Tan from Warwick Law School, along with Dr Karina Patrício Ferreira Lima from the University of Leeds’s School of Law, have drafted the proposed legislation, named the Debt Relief (Developing Countries) Bill.
The proposed laws put forward legal measures to limit recoverable bills that developing countries owe private creditors.
Such a move would support global efforts to eliminate the debt crisis in developing countries by allowing these nations to advance economically.
The bill, scheduled for a second reading in spring 2025, aims…