(June 2, 2009) Two well-meaning members of the Western establishment, whose advice over the decades has, as much as anyone’s, brought the Third World to its knees, both believe the Third World needs more of their advice. Though at last night’s Munk Debate, prominent African author and economist Dambisa Moyo passionately disagreed.
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.
URGENT ACTION: Proposed Patagonia dams
URGENT ACTION: Proposed Patagonia dams Created 11/19/2008 – 13:47 Probe International Friday, November 21, 2008 Canada’s national pension plan (CPP) is a co-owner ofChile’s electricity transmission company, Transelec, and may soon […]
Human rights abuses and the Three Gorges dam
(March 19, 2004) Dai Qing, eminent Beijing-based journalist and veteran campaigner against the Three Gorges dam, discusses the suppression of opposition to the project in a recent talk at the University of Toronto in Canada.
Special analysis: Three Gorges dam costly in producing energy
Technological advances in world’s energy markets have turned mega-power projects like the Three Gorges into modern-day dinosaurs. Energy analysts believe that China would provide a generating capacity two to six times of that of Yangtze dam by cancelling the project, reforming the energy section, and allowing investments instead in cleaner energy alternatives.
U.S. expert echoes Chinese concerns about dam-induced earthquakes
(June 5, 2008) U.S. engineer Dr. Philip Williams has added his voice to concerns expressed by a Chinese expert that the Zipingpu reservoir, now cracked and damaged as a result of China’s devastating May 12 earthquake, could actually have induced the earthquake.
REVIEW Iraq’s debt relief: Procedure and potential implications for international debt relief
(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.
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.
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.
Export credit debt prevention: speech by Patricia Adams
(June 20, 2006) I suspect the vast majority of ECA loans, credits, and guarantees to the Third World – which have doubled and now account for 34% of all Third World official debts – could be deemed "odious."
Germany and Japan block new anti-bribery guidelines for export credit agencies
(February 24, 2006) Anti-bribery watchdog Probe International calls OECD guidelines "paper tiger" anyway.
International law supports Iraqi debt challenge
(February 11, 2005) Saddam Hussein used money western countries lent him mainly to arm himself, oppress his people, and build opulent palaces. So should his victims have to pay it back without knowing who lent the money and what the money financed?
Patricia Adams’ Oral Statement to the US Senate Committee on Foreign Relations
(October 29, 2004) The oral statement presented by Patricia Adams to the US Senate Committee on Foreign Relations and the roundtable discussion on multilateral development bank corruption.
Patricia Adams’ Written Statement to the US Senate Committee on Foreign Relations
(November 12, 2004) The written statement submitted by Patricia Adams to the US Senate Committee on Foreign Relations and the roundtable discussion on multilateral development bank corruption.
Commentary by Patricia Adams on Iraq’s odious debts
(October 1, 2004) "What better way to demonstrate the power of democracy and the rule of law than to establish a precedent telling filthy financiers everywhere their money isn’t safe when they finance tyrants against their people."
PRESS RELEASE Landmark decision will lead to other debarments
(July 23, 2004) Canadian-based foreign aid watchdog Probe International welcomed the World Bank’s decision today to blacklist Canadian engineering company Acres International from receiving World Bank contracts for the next three years and predicts the Bank’s blacklisting of Acres will lead to more debarments of other companies convicted in the Lesotho corruption trials.