Category: Odious Debts

Publicly guaranteed corruption: corrupt power projects and the responsibility of export credit agencies in Indonesia

(November 2000) According to Peter Brossard, foreign companies in Indonesia secured exorbitant profits by participating in Suharto’s corrupt regime. All the while, these comapnies were given political and financial support by northern governments, international financial institutions and export credit agencies.

Transnational Civil Society Coalitions and the World Bank: Lessons From Project and Policy Influence Campaigns

(Nobember 1, 2000) The World Bank is a premier development institution, employing thousands of highly-trained analysts and shaping the development projects and policies of governments in every region of the world. In the realm of development actors, the Bank is an institutional Goliath—sometimes wrong, but almost always influential, given its financial resources and its capacity for research and policy analysis.