主权债务争端解决之国际仲裁机制研究

On the Latest Development of Sovereign Debts Dispute Resolution:The International Arbitration Perspective

主权债务危机近年频繁爆发,引发诸多争议,挑战国际金融秩序。传统解决主权债务争端以谈判协商和合同方法为主、在债务国或债券发行地国内法院诉讼为辅,并非十分有效。近年国际仲裁之复兴,为解决主权违约提供了新的契机和路径。尽管在认受程度和法律技术层面等仍存障碍,但因该机制本身所固有的特点和优势,以及常设仲裁法院等国际组织的强力推进,国际仲裁将在主权债务争端解决中发挥更大作用。

The frequent occurrence of sovereign debts crisis in recent years challenges the world financial order and has drawn much attention in the international community. The traditional ways to resolve these sovereign debts crises, including negotiation of new contracts, litigation in national courts etc. , are not quite effective in general. The renaissance of international arbitration might provide new ways out in this regard. In particular, for their comparative advantages such as confidentiality, professionalism and effi-ciency ,international arbitral organs like the Permanent Court of Arbitration would play more important roles in future dispute resolution on sovereign debts.