(August 29, 2005) For every second we breathe, the amount we spend for debt service is equivalent to the amount of salary a common wage earner receives in three months because of the government’s refusal to change its borrowing and debt payments policies.
Thai economists expose flaws in World Bank’s economic analysis
(March 29, 2005) The final versions of these studies contain two remarkable new assumptions regarding assumed costs of natural gas alternatives that are crucial in justifying the Bank’s continued positive economic assessment of the Nam Theun 2 (NT2) project.
The ‘silver lining’ in the Wolfowitz nomination
(March 29, 2005) The nomination of US Deputy Secretary of Defence, Paul Wolfowitz, for the presidency of the World Bank has sparked some positive interest from debt campaigners.
Odious comparison
(March 29, 2005) Condor’s forecast is based on an unfair and inaccurate comparison between Argentina and the Philippines.
The blindness of a father
(March 29, 2005) To his credit, United Nations Secretary-General Kofi Annan knows that his beloved UN faces a crisis of legitimacy. But he’s the last man on Earth who can fix it.
The World Bank’s watershed decision: Nam Theun 2
(March 28, 2005) In April, the countries on the governing board of the World Bank will consider a proposed high dam on the Nam Theun River – a decision that will set a pattern for decisions regarding hydroelectric dams around the world for years to come.
A Nam Theun 2 proponent responds to critics
(March 26, 2005) “Based on in-depth and detailed [World Bank] analyses . . . we are confident that Nam Theun 2 will be a benefit and not a burden to Thai consumers.”
Rehab may stretch beyond 2006, setting back project by 2 yrs
(March 25, 2005) Besides the recent Supreme Court order on Narmada oustees, another thing that could delay the completion of the Sardar Sarovar Project (SSP) in Gujarat is the shoddy rehabilitation of
project-affected families (PAFs) by neighbouring Madhya Pradesh.
SC order, MP may hold up Gujarat’s work on Narmada project
(March 24, 2005) States told to extend benefits to PAFs irrespective of status.
Forget forgiveness: make the looters pay
(May 24, 2005) An odious debts challenge is one way African governments can hold both Western creditors and corrupt African officials to account.
Down and out! Who broke Africa?
(March 24, 2005) The African development conundrum: Western donors and aid agencies compound Africa’s problems because their approach is ‘leader-centred’.
In cultivating international clients, Riggs went down a perilous path
(March 21, 2005) The downfall of the Washington, DC-based Riggs bank was revealed earlier this month in one of several "admiring notes" the bank’s chairman, his wife and another Riggs official sent the former Chilean dictator Gen. Augusto Pinochet between 1996 and 2000.
A world built on corrupt foundations
(March 19, 2005) Transparency International’s chief executive David Nussbaum argues that unless increased infrastructure lending to developing countries is accompanied by stringent anti-corruption measures, funding will be undermined or nullified by corruption in infrastructure projects.
Africa debates odious debt
(March 19, 2005) A non-binding resolution passed by Nigeria’s House of Representatives last week to halt payments on the country’s $35 billion external debt has provoked some strong responses.
No longer unforgivable; Nigeria’s debt
(March 19, 2005) Ridiculous though it sounds, Nigeria merits some debt relief.
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