论国家破产法律制度

On National Bankruptcy Legal System

国家破产法则是指由于主权国家负债过多而无力偿还或出现无力偿还的危险时,为了保护债务国和债权人的利益并促使债务国和债权人之间迅速和有序地达成平等的债务重组协议,以促进债务国经济复苏、防止债务危机扩大并最终解决债务危机的一种国际法律制度。国家破产主要有两种机制:契约机制和司法机制。主权债务的司法化是国家主权债务重组的发展方向。然而,短时间内要实现主权债务重组的司法化却阻力很大。

National bankruptcy law is an international legal system that promotes the economic recovery in the debtor countries to prevent the expansion of the debt crisis and eventually resolving the debt crisis in order to protect the interests of the debtor countries and creditors and promote the achievement of equal debt restructuring agreement between the debtors and creditors rapidly and orderly when the sovereign states are unable to repay or appear unable to pay as a result of over - borrowing. National Bankruptcy has two main mechanisms： mechanisms and judicial mecha- nisms. The sovereign debt judicialization is the development of the national sovereign debt restructuring. However, the achievement of the sovereign debt judicialization is great resistance in a short period of time.