Ukraine’s national news agency, Ukrinform, asked Probe International’s Patricia Adams to weigh in on Ukraine’s multibillion-dollar debt to Russia and whether Ukraine could challenge the enforceability of the US$3 billion Eurobond using an odious debts argument.
(November 5, 2013) A Zimbabwe-based newspaper says greater accountability and transparency will help the country’s struggling economy, not foreign aid.
(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.
(September 27, 2008) Patricia Adams speech, Furman University, Department of Economics,
“The Odious Debt Doctrine and Iraq After Saddam.”
(May 7, 2008) Last month, the House of Representatives showed leadership in the fight against global poverty by passing the Jubilee Act for Responsible Lending and Expanded Debt Cancellation, which would extend lifesaving debt cancellation to more poor nations around the globe.
(October 31, 2006) The multi-billion dollar aid industry has largely failed in Africa. Not only have they failed along with others in the aid industry, most nongovernmental organizations (NGOs) have become part of the problem. Not that they will admit their failure.
(May 1, 2006) Where did the money come from to build the dam? For a start, all of China’s power consumers were forced to pay in advance for Three Gorges electricity, even though many will never use it.
(March 31, 2006) There’s much more to be done on debt relief.
(March 30, 2006) Debt relief advocate, Jubilee USA Network, has welcomed approval of debt cancellation by the World Bank Executive Board for some impoverished countries, and urged the Bank to remove deadly delays to debt cancellation for additional impoverished countries.
(March 28, 2006) Last July, debt relief was all the rage. Fast forward to the present. Public attention has shifted elsewhere, the G8 deal has only been partially implemented, and much more work remains to be done.
(December 23, 2005) A lack of transparency doesn’t necessarily mean there is anything untoward happening with tsunami funds, or that the administrative costs are unduly high. What it does suggest, however, is that the UN’s accountability standards remain unacceptably low.
(December 22, 2005) The International Monetary Fund (IMF) has agreed to cancel $3.3-billion owed by 19 of the world’s poorest countries, after reports that it was back-tracking on the debt-relief plan sparked an outcry.
(December 21, 2005) Jubilee USA reiterates its view that the G-8 debt agreement is but a first step towards conclusively addressing the debt crisis faced by impoverished countries.
(October 19, 2005) Wahu Kaara speaks to students about the damage of third-world debt.
(September 27, 2005) Jubilee USA Network welcomed the agreement reached by the IMF and World Bank to implement the G-8 debt relief for 18 poor countries, but raised concerns about unresolved details of the deal.