New Estimates of Capital Flight from Sub-Saharan African Countries: Linkages with External Borrowing and Policy Options

(April 1, 2008) Over the past decades, African countries have been forced by external debt burdens to undertake painful economic adjustments while devoting scarce foreign exchange to debt-service payments. On the other hand, African countries have experienced massive outflows of private capital towards Western financial centers. Indeed, these private assets surpass the continent’s foreign liabilities, ironically making sub-Saharan Africa a “net creditor” to the rest of the world.

PI Report: Electricity of Vietnam urged to rethink hydro operations on Mekong tributary

(March 26, 2008) This environmental impact assessment review by Probe International and Phnom Penh-based NGO Forum on Cambodia recommends that Electricity of Vietnam consider switching from peaking to base load operations at its upper Se San hydro dams to ease impacts in downstream Cambodia. Additional recommendations, photos, and statements from affected community leaders in Cambodia included.