Category Archives: Multilateral Development Banks

Africa’s odious debts: a new book reveals links between foreign loans and capital flight

Posted on October 4, 2011 by

Africa’s Odious Debts: How Foreign Loans and Capital Flight Bled a Continent, by James Boyce and Leonce Ndikumana. Continue reading →

Posted in Africa, Corruption, Multilateral Development Banks, Odious Debts, Odious Debts by Country, Probe International in the News | Tagged , , , , , , | Leave a comment

Odious debt and Egypt: revolt citizens, revolt!

Posted on April 27, 2011 by

(April 27, 2011) Egypt’s period of political transition presents an ideal time to examine the odious nature of debt accrued by deposed President Hosni Mubarak’s government, whose time in power amounts to almost 30 years in the borrowing. Continue reading →

Posted in Corruption, Debt Relief, Fair & Transparent Arbitration Process, Middle East, Multilateral Development Banks, Odious Debts, Patricia Adams, Probe International in the News, Seminal Sources, World Bank | Tagged , , , , , | Leave a comment

Where has all the money gone?

Posted on June 2, 2009 by

(June 2, 2009) A recent article by Lord Aikins Adusei in the Zimbabwe Observer asks some pointed questions of the international aid agencies and developed banks. After nearly 50 years and billions of dollars in loans and grants, he says, Africa remains a poverty-striken continent, rife with corruption and political instability. Continue reading →

Posted in Africa, Essays and Reports, Multilateral Development Banks, Nigeria, Odious Debts | Tagged , , , | Leave a comment

‘Odious debt’ recognized by British Parliament

Posted on July 14, 2008 by

(July 14, 2008) Debt Relief, 3rd Report 1997-1998, London: House of Commons The British House of Commons International Development Committee recognizes the concept of odious debt. Continue reading →

Posted in Africa, Essays and Reports, Multilateral Development Banks, Odious Debts, Seminal Sources, Treaties, Laws, Parliamentary Proceedings, and Court Decisions | Tagged , , , , | Leave a comment

Scholars chart new legal course

Posted on January 16, 2008 by

(January 16, 2008) The principles of the odious debt doctrine exploded into the modern debt debate following the U.S. led invasion of Iraq, capturing the attention of legal scholars and exciting new thought on the history, the foundation, and the future application of the doctrine. Continue reading →

Posted in Essays and Reports, Legal Scholars Advance the Principle of Odious Debts, Multilateral Development Banks, Odious Debts, Seminal Sources | Tagged , , | Leave a comment

REVIEW Iraq’s debt relief: Procedure and potential implications for international debt relief

Posted on December 28, 2007 by

(December 28, 2007) Martin Weiss, an analyst with the Congressional Research Service, the public policy research arm of the U.S. Congress, has published an updated paper about the treatment of Iraq’s debts by creditor nations following the fall of Saddam Hussein. Continue reading →

Posted in Essays and Reports, Iraq's Odious Debts, Multilateral Development Banks, Odious Debts | Tagged , , , , | Leave a comment

First the mutiny, then the silver

Posted on December 19, 2007 by

(December 19, 2007) In the wake of a staff mutiny against former World Bank president Paul Wolfowitz, the U.K. edition of The Economist notes that the lending giant’s new head, Robert Zoellick, has raised a windfall in support from rich countries. Continue reading →

Posted in Multilateral Development Banks, Odious Debts, Paul Wolfowitz, Seminal Sources, World Bank | Tagged , , | Leave a comment

World Bank justice

Posted on May 18, 2007 by

(May 18, 2007) All that mattered to Mr. Wolfowitz’s accusers was to be rid of him, whatever the pretext or methods. Continue reading →

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