IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-03459298.html
   My bibliography  Save this paper

Contractual knowledge: one hundred years of legal experimentation in global markets

Author

Listed:
  • Grégoire Mallard

    (Sciences Po - Sciences Po)

Abstract

The word contract carries different weight in different contexts. Bankers and politicians, diplomats and economists, lawyers and judges all have complex understandings of what a contract is and what it means for them. In the recent sovereign debt negotiations with the Euro group and the International Monetary Fund (IMF), the newly elected radical left government of Alexis Tsipras asked their European peers to substitute for the previous "program" of structural reforms a new "contract" – a "social contract" – between the Greek government and its creditors (Quatremer 2015). The Greek leaders also inscribed their negotiation in a longer temporality than their European counterparts: arguing for a partial cancellation of the debt that Greece owed to Germany, Tsipras (2015) reminded his fellow Europeans that Germany had itself failed to compensate Greece for the costs of reconstruction after World War II (WWII) – including money directly borrowed by Germany from Greece during the war. This proposal was not at all what the European leaders expected to hear: for them, the only "contracts" in play were those of Greece's debt and related agreements with the European Union (EU) and other International Financial Institutions (IFIs) entered into as part of a stabilization program...

Suggested Citation

  • Grégoire Mallard, 2016. "Contractual knowledge: one hundred years of legal experimentation in global markets," Post-Print hal-03459298, HAL.
    • Handle: RePEc:hal:journl:hal-03459298
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jérôme Sgard, 2023. "Imperial Politics, Open Markets and Private Ordering: The Global Grain Trade (1875-1914)," SciencePo Working papers Main hal-04081417, HAL.
    2. Pierre Penet & Juan Flores Zendejas, 2021. "Sovereign Debt Diplomacies. Introduction," Post-Print hal-03352759, HAL.
    3. Juan Flores Zendejas, 2021. "Contesting the preferred creditor status of the League of Nations, 1931–3," Economic History Review, Economic History Society, vol. 74(4), pages 1062-1086, November.
    4. Penet, Pierre, 2016. "The IMF failure that wasn't: tournaments of conditionality and strategic ignorance during the european debt crisis," Working Papers unige:88327, University of Geneva, Paul Bairoch Institute of Economic History.
    5. Jérôme Sgard, 2023. "Imperial Politics, Open Markets and Private Ordering: The Global Grain Trade (1875-1914)," Working Papers hal-04081417, HAL.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:hal-03459298. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.