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Category Archives: Inter-American Development Bank
(January 31, 2010) Anti-poverty campaigners warn emergency funds loaded to Haiti, at the height of crisis, will become a heavy debt burden for the quake devastated country. Already caught in a cycle of repayment for loans racked up by dictators from the western governments that kept the country’s looters in power, Haiti can’t afford its future in the present form of help. Continue reading
(April 14, 2009) The Hudson’s Institute, Jeremiah Norris, examines one of the many problems plaguing foreign aid–mainly, who ends up paying for the unpaid loans. Continue reading
(April 6, 2009) The Wall Street Journal‘s Mary Anastasia O’Grady pokes at Treasury Secretary Timothy Geithner for jetting to last week’s Inter-American Development Bank annual meeting in order to propose a near tripling of the development bank’s capital.<. Continue reading
In clear, uncompromising language the book explains where progress went wrong and the remedies needed to prevent foreign aid from doing more of the same in the future.
(December 12, 2006) A move last month by the Inter-American Development Bank (IADB) to write off US$2.1-billion in debt owed to it by five Latin American countries helps the Bank bail itself out and bury its mistakes under a cloak of magnanimity, says odious debts expert, Patricia Adams. Continue reading
(July 13, 2006) We are writing to express our extreme concern regarding news reports which indicate that the Inter-American Development Bank is planning to partially finance the construction of the Madeira River Hydroelectric Dam / Industrial Waterway Complex Continue reading
(August 1, 2003) Environmental activists “pitted against some of the world’s biggest energy companies over megaprojects in the Third World” are increasingly staging their battles in countries that fund such projects in environmentally fragile areas of Latin America. Continue reading