(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.
Ending Ghana’s odious debts
(May 21, 2009) Political activist and anti-corruption campaigner, Lord Aikins Adusei, is calling on Ghana’s new government to put politics aside and start initiating economic and development programs. His remarks come after the country elected a new president, John Atta Mills, in a tightly contested vote last December.
The False Promise of Gleneagles: Misguided Priorities at the Heart of the New Push for African Development
(April 24, 2009) The Gleneagles Summit, for all its good intentions, gave rise to unrealistic expectations. The heavy emphasis on aid and debt relief made Western actions appear to be chiefly responsible for poverty alleviation in Africa. In reality, the main obstacles to economic growth in Africa rest with Africa’s policies and institutions, such as onerous business regulations and weak protection of property rights.
Chapter 14 – Corruption in high and not-so high places
(March 19, 2009) A year after phillipine President Marcos and his first lady were forced from office, the U.S.
Chapter 11 – The business of the state
(March 19, 2009) Few know with confidence how the universe came into being but if God had said `let there be light’ while in Colombia, He would not have had enough money left for the rest of creation. Because the truth is that in a country where there are projects which have cost a lot, few have cost as much as the expansion of the electric sector during the last ten years.
Chapter 9 – Givers and takers
(March 18, 2009) Most taxpayers in the rich industrialized countries believe, as the Pearson Commission inquiry into foreign aid believed, that "it is only right for those who have to share with those who have not." Much of the Western World’s sharing, though, has been in the form of loans, not gifts. The Third World has borrowed about one-third of the $400 billion in foreign aid that it has received from the rich countries’ national aid agencies.
Where are Africa’s Obamas?
(March 16, 2009) The president’s fairness and honesty should serve as a powerful example to the continent’s leaders.
G8 : Some give, plenty of take
(July 16, 2009) The media has presented the G8’s L’Alqila summit promise of US$20 billion for food security and agricultural development in Africa as good news, but a closer look at the figures shows that G8 countries actually take much more out than they put into the continent, writes Yash Tandon.
Ecuador’s default
(December 12, 2008) After months of threats, the government of Ecuador has made good on its promise to forego payment of foreign loans deemed illegitimate by the country’s debt audit commission.
Ecuador’s Correa says he’ll seek legal basis for debt default
(November 15, 2008) Ecuadorean president Rafael Correa said he’ll suspend payments on foreign debt he deems “illegitimate” should an upcoming report find there is legal basis to do so.
Police drop Lesotho bribery probe
(November 6, 2008) British police will not investigate a construction company accused of corruption in Lesotho, they have said.British firm Mott Macdonald were implicated in an audit of a dam project in the southern African kingdom.
The Odious Debt Doctrine and Iraq After Saddam
(September 27, 2008) Patricia Adams speech, Furman University, Department of Economics,
“The Odious Debt Doctrine and Iraq After Saddam.”
Liberia comes clean-er
(August 7, 2008) Liberia has risen from the bottom ranks of the World Bank’s most corrupt country list to earn the distinction of graft’s most zero-tolerant post-conflict nation, reports Africa’s opinion journal, The Analyst. A recent report by the Bank’s Worldwide Governance Indicators Institute (WGI) indicates that at the current rate, Liberia has shown the largest improvement of any country in the world in controlling corruption.
‘Odious debt’ recognized by British Parliament
(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.
Prevention of Corruption Act: How effective is it?
(July 4, 2008) Rooting out corruption is a pre-condition for a successful democracy.


