(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.
Ethanol craze may starve the poor
(April 4, 2007) Biofuels have tied oil and food prices together in ways that could profoundly upset the relationships between food producers, consumers and nations in the years ahead, with potentially devastating implications for bothglobal poverty and food security.
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.
The Buon Kuop hydropower project: utility performance
(April 1, 2007) The revenue risks and liabilities associated with the Buon Kuop hydropower project in Vietnam’s Daklak province – the first of six hydro projects in Vietnam planned for the Srepok River, shared with Cambodia.
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.
Delegates speak out in defence of rivers
River-related news from the two important political meetings held this month in Beijing included calls to tackle risks related to silt buildup in the Three Gorges reservoir, to curb dam-building on China’s rivers and to protect rare fish in the Yangtze.
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.
China edges towards a greener shade of red
(March 6, 2007) The prime minister, Wen Jiabao, issued an environmental wake-up call to China yesterday, saying the world’s fastest-expanding economy had to move away from red-hot growth towards a greener, leaner, slower model of development.
Patricia Adams
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