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Officially supported export credits are instruments that governments can use to boost or support their exports, either through insurances, loans or guarantees. Most governments provide this support through Export Credit Agencies (ECAs), the first of which were founded in the 1920s (Stephens, 1999).

In her recent book “The Deficit Myth” star economist Stephanie Kelton tells us why economists should not worry too much about sovereign debt and deficits. But is that the same for lawyers? And are all countries truly treated equally?

Albert Camus famously wrote that ‘life is the sum of all your choices.’ Private lawyers could not agree more. At the core of private law lies the idea that individuals are allowed to know better than the State.

After months of media bombardment about ostensibly lazy Greeks who are unwilling to pay their taxes or their debts to the fellow countries of the Eurozone, the latter of which generously helped Greece out of its self-inflicted dire financial straits, many in Europe have breathed a collective sigh of...