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(July 1, 2007) The concept of “odious debt” regroups a set of equitable considerations that have often been raised in the context of political transitions.

(July 1, 2007) Abstract: Rather than propose a solution to the problem of odious debts, this paper seeks to analyze the causes of odious incentives in international finance.

(June 4, 2007) The eastern coastal city of Xiamen, Fujian province, has witnessed what are probably the biggest urban-based demonstrations in China since the movement against state sector sackings and privatisation in the northeast in 2002.

(June 1, 2007) The doctrine of odious debts came into its full in the eighteenth and early nineteenth century to deal with the financial injustices of colonialism and its stalking horse, despotism. The basic rule, as articulated by Alexander Sack in 1927, is that debts incurred by an illegitimate regime that neither benefit nor have the consent of the people of a territory are personal to the regime and are subject to unilateral recision by a successor government.

(June 1, 2007) A Legal Perspective: Unconstitutional Regimes and the Validity of Sovereign Debt

(May 30, 2007) Current interest in the problem of “odious debt” is intertwined with other problems that afflict many developing and emerging market countries: despotic governments, unsustainable external debt burdens, and large-scale official corruption. If the universe of odious debt cases is relatively small, then it is likely uneconomical to develop an extensive legal apparatus ex ante.

(May 18, 2007) It is critical for China’s slowly progressing environmental campaign to strengthen supervision and loosen the interest bonds between money and power – a tall order.

(May 16, 2007) Although the World Bank is finally addressing corruption, President Paul Wolfowitz is doing so in a way that puts all the responsibility on the people of the borrowing country. In Wolfowitz’s system, the lender carries no responsibility.

(May 15, 2007) In 1962, an unassuming Rachel Carson convinced Americans that blind faith in technology, as evidenced in the indiscriminate use of pesticides, was harmful to man as well as nature.