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Category Archives: Inter-American Development Bank
Haiti heads for debt crisis as emergency loans pile up earthquake
(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
Posted in Foreign Aid, Haiti, Inter-American Development Bank, Odious Debts
Tagged debt crisis, Haiti, Inter-American Development Bank
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Foreign aid for the unrepaid is mostly a masquerade
(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
Aid Keeps Latin America Poor
(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 the Name of Progress: The Underside of Foreign Aid
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.
Inter-American Development Bank debt relief a smoke screen
(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
Letter to President of Inter-American Development Bank (IDB) re: Madeira River developments
(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
A movement’s shifting stage
(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
Corruption corrodes Development Banks
(October 1, 2002) Scandal rages around alleged bribery in Lesotho, where the World Bank is financing Africa’s largest water project. Continue reading
