Applying the Odious Debts Doctrine while Preserving Legitimate Lending

(December 1, 2005) Abstract: Odious debts are debts incurred by the government of a nation without either popular consent or a legitimate public purpose. While there is some debate within academic circles as to whether the successor government to a regime which incurred odious debts has the right to repudiate repayment, in the real world this is not an option currently granted legitimacy either by global capital markets or the legal systems of creditor states.

Applying the Odious Debts Doctrine while Preserving Legitimate Lending

(December 1, 2005) Odious debts are debts incurred by the government of a nation without either popular consent or a legitimate public purpose. While there is some debate within academic circles as to whether the successor government to a regime which incurred odious debts has the right to repudiate repayment, in the real world this is not an option currently granted legitimacy either by global capital markets or the legal systems of creditor states.

Risky times for hard news and views

(November 30, 2005) New York City: After this year’s International Press Freedom Awards dinner, a former reporter remarked to me the honorees’ inspiring stories made her "think about getting back into real journalism again," with her accent on "real." "Me, too," I responded spontaneously, feeling unusually humbled by the realities of many of our overseas colleagues.