ABSTRACT
This conclusion presents some closing thoughts on the key concepts discussed in the preceding chapters of this book. The book concerns providing a legal analysis of some of the issues on the basis of which the validity of parts of the debt of developing countries could be challenged. Many of the arguments could appear to be unnecessarily complex, and their application completely impractical. Nevertheless, a lot of additional academic work would still need to be carried out, in particular with regard to the application of the principle of unjust enrichment to the situations in which a loan can be regarded as void, as this would be the primary legal tool to achieve a fair balancing of the interests of the debtor states and those of the creditors. While it is undoubtedly true that legal arguments in themselves will not resolve the debt problem and that the debt crisis rather needs a political solution.
