(February 26, 2000) In the international arena, third world debt is not expected to be repaid by those who borrowed it (ex. military dictators and their cronies) but by the populations whom they oppressed.
(February 1, 2000) Wajeeh Elali proposes a pragmatic debt-management strategy for Iraq. On the topic "Who is to blame?" Elali includes the "imprudent lending practices" of some western and Arab creditors.
(December 1, 1999) The Lesotho Highlands Water Project has its origins in the apartheid era. Lesotho Highlands communities are supporting the project, despite the destruction it has caused to their homes and arable land. South African environmental organisations, however, oppose it for various reasons. Steve Rothert explains why this project challenges traditional perspectives about large dams and development.
(February 26, 1999) Transparency International proposes a broad framework to encourage transparency in export credit agencies.
(August 1, 1998) Export Credit Guarantees should, as a rule, only be extended for development purposes. However, increases in export credit guarantees seem to reflect an exporter-driven drive for business, rather than a borrower-driven need for funding.
(September 1, 1997) World Bank report states that “the Bank has a responsibility under its articles to ensure that the funds it lends to borrowers are used for their intended purposes and with due attention to economy and efficiency.”
(August 1, 1997) Leaked World Bank document states that "at least 20-30 per cent of GOI [Government of Indonesia] development budget funds are diverted through informal payments to GOI staff and politicians."
(August 1, 1997) This paper analyzes Iraq’s indebtness problem and investigates the applicability of debt-equity swaps as a means of alleviating the severity of Iraq’s external debt and obligations.
(March 14, 1997) Should the people who were victims of the oppressive machinery of apartheid now be forced to repay those financiers who were immoral enough to finance the machinery?