(April 9, 2007) Paul Wolfowitz claims he acted on the advice of the Board’s Ethics Committee to work out an agreement that balanced the interests of the institution and the rights of Shaha Riza in an “exceptional and unprecedented situation.” World Bank
Contractualism and the moral evaluation of international economic institutions: the case of odious debt
(April 6, 2007) Contractualism as T. M. Scanlon has conceptualized it has become one of the more influential moral theories of the past decade. Though contractualism connects to the social contract tradition, it has not yet been developed into a full-fledged political philosophy.
Contractualism and the moral evaluation of international economic institutions: the case of odious debt
(April 6, 2007) Contractualism as T. M. Scanlon has conceptualized it has become one of
the more influential moral theories of the past decade. Though
contractualism connects to the social contract tradition, it has not
yet been developed into a full-fledged political philosophy.
Public power and private purpose: odious debt and the political economy of hegemony
(April 3, 2007) This Article examines the process by which overlapping interests between private bankers and government translates into influence and power mediated through the use of bank loans as instruments of foreign policy.
Odious debt, odious credit, economic development, and democratization
(April 1, 2007) The problem of odious debt typically arises when a despotic regime has incurred substantial sovereign debt and is then succeeded by a less-despotic, possibly democratic, regime that seeks to repudiate that debt. There is no agreed-upon method for dealing with attempts to repudiate odious debt
External assignment of Shaha Riza
(April 1, 2007) World Bank documents regarding an alleged conflict of interest on the part of World Bank President Paul Wolfowitz in relation to Shaha Riza, a former staff member and personal companion […]
Bank Information Center
(April 1, 2007) An independent multilateral bank watchdog presents its monitor of news and opinion on the Paul Wolfowitz debate.
Odious debt, odious credit, economic development, and democratization
(April 1, 2007) The problem of odious debt typically arises when a despotic regime has incurred substantial sovereign debt and is then succeeded by a less-despotic, possibly democratic, regime that seeks to repudiate that debt. There is no agreed-upon method for dealing with attempts to repudiate odious debt.
Mitu Gulati: A ‘Renaissance Man’ in Law
(March 30, 2007) Mitu Gulati is described as a leading scholar on sovereign debt whose work looks at how to discourage lending to tyrants who raid the public purse of funds obtained through international borrowing.
International Call to the G8 leaders on odious debt
(March 29, 2007) A petition signed by international luminaries such as Nobel Prize winner Desmond Tutu, the renowned American academic Noam Chomsky and former French Ambassador Stephane Hessel, among others, is calling on the Group of Eight (G8) creditor nations to place the issue of odious and illegitimate debt on the political agenda at this year’s G8 summit.
World Bank anti-corruption drive blunted as China threatens to halt loans
(March 27, 2007) China, the World Bank’s second-biggest customer, warned that it might halt future borrowings if Paul Wolfowitz did not rein in the Bank’s anti-corruption investigative practices.
British companies investigated for alleged bribes
(March 24, 2007) The British government has announced it is dedicating a police unit to investigate cases of alleged bribes involving foreign bribery by U.K. businesses and nationals, including allegations that a number of U.K.-based companies paid bribes to Saddam Hussein’s regime in Iraq as part of the United Nations’ discredited oil-for-food program.
National Responsibility and the Just Distribution of Debt Relief
(March 23, 2007) The Highly Indebted Poor Countries (HIPC) initiative is the largest multilateral effort aimed at providing debt relief. In this essay, we address the question of whether this program is consistent with a view of justice commonly known as liberal egalitarianism. We argue that the HIPC initiative violates two basic liberal egalitarian principles.
Making the Case for Jubilee: The Catholic Church and the Poor-Country Debt Movement
(March 23, 2007) Since the late 1970s, an increasingly global coalition of churches and nongovernmental organizations has pressed for reduction if not outright cancellation of the foreign debt of highly indebted poor countries, because of its deleterious impact on poor people.
Argentina the Church and the Debt
(March 23, 2007) The Argentine debt crisis of 2001–2002 and its aftermath are examined in the light of the moral framework of Catholic social teaching on the debt problems of poor countries.


