Author Archives

Patricia Adams

Patricia Adams is an economist and the Executive Director of Probe International, an independent think-tank and watchdog over the environmental consequences of Canadian government and corporate activities around the world. Her books include In the Name of Progress: The Underside of Foreign Aid, (Doubleday 1985), and Odious Debts: Loose Lending, Corruption and the Third World”s Environmental Legacy (Earthscan 1991), which exposes the jeopardy of years of loose lending for both the Third World’s environment and their economies, and proposes a legal remedy to place responsibility for the Third World’s debt crisis on the parties involved, instead of on First and Third World taxpayers. Pat also edited the English language translation of Yangtze! Yangtze!, the extraordinary critique by Chinese experts of the Three Gorges dam that inspired the democracy movement when it was first published in 1989, led to the postponement of the dam, and was subsequently banned by Chinese authorities. Her books have been translated into Spanish, Chinese, Japanese and Bahasa Indonesia.

Patricia Adams Review: Partially odious debts? A framework for an optimal liability regime

(November 20, 2007) This provocative paper is sure to raise the ire of a civil society that wants Third World debts canceled because of their illegitimacy. But it won’t make the lenders who want "no fault" debt forgiveness (courtesy of Northern taxpayers) happy either. Instead, authors Ben-Shahar and Gulati push the legal envelope of "how to" resolve the Third World debt quagmire and in doing so, empower odious debt advocates with more legal fight than ever before.