(June 2, 2009) A recent article by Lord Aikins Adusei in the Zimbabwe Observer asks some pointed questions of the international aid agencies and developed banks. After nearly 50 years and billions of dollars in loans and grants, he says, Africa remains a poverty-striken continent, rife with corruption and political instability.
‘Odious debt’ recognized by British Parliament
(July 14, 2008) Debt Relief, 3rd Report 1997-1998, London: House of Commons The British House of Commons International Development Committee recognizes the concept of odious debt.
Scholars chart new legal course
(January 16, 2008) The principles of the odious debt doctrine exploded into the modern debt debate following the U.S. led invasion of Iraq, capturing the attention of legal scholars and exciting new thought on the history, the foundation, and the future application of the doctrine.
REVIEW Iraq’s debt relief: Procedure and potential implications for international debt relief
(December 28, 2007) Martin Weiss, an analyst with the Congressional Research Service, the public policy research arm of the U.S. Congress, has published an updated paper about the treatment of Iraq’s debts by creditor nations following the fall of Saddam Hussein.
World Bank justice
(May 18, 2007) All that mattered to Mr. Wolfowitz’s accusers was to be rid of him, whatever the pretext or methods.
Wolfowitz resigns, ending long fight at World Bank
(May 17, 2007) The resignation, effective June 30, brings a dramatic conclusion to two days of negotiations between Mr. Wolfowitz and the bank board after weeks of turmoil.
World Bank jobbery
(May 15, 2007) More evidence the Wolfowitz accusers chose to ignore.
Special report of the World Bank’s ad hoc group
(May 14, 2007) According to a report by the World Bank’s ad hoc group, World Bank President Paul Wolfowitz did violate ethics rules in his handling of a promotion and generous pay rise […]
(May 11, 2007) A blog advocating for the resignation of World Bank President Paul Wolfowitz.
Europeans press Wolfowitz to quit as bank chief
(May 10, 2007) “If this is true, it’s disappointing and outrageous. What is the point of giving us time to make a submission if they have already made up their minds?”
Odious Debt: definition, application and context
(October 30, 2006) The co-author of Advancing the Odious Debts Doctrine addresses how the doctrine can be applied and in which contexts.
Export credit the new ‘odious debt’ of the Third World
(September 1, 2006) Patricia Adams, executive director of Probe International, speaking to the European Commission Conference on Export Credit Agencies and Sustainable Development, 20 June 2006, Brussels.
Free the Third World of export credit agencies
(June 21, 2006) The evidence of boondoggles made possible by Export Credit Agency (ECA) support – the Three Gorges dam, the Norwegian shipping deal to Ecuador, the Manantali dam in the Senegal River basin, the Bataan nuclear power station in the Philippines, pulp and paper mills to Indonesia, the OK Tedi mine in Papua New Guinea, military exports to Iraq – is extensive and well documented.
Export credit debt prevention
(June 20, 2006) Three steps to protecting future generations from export credit agencies.
Exporters to identify agents and face random audits in anti-bribery drive
(April 5, 2006) Exporters will have to identify middlemen and face random audits to detect potential bribes under tough anti-corruption rules issued by the government yesterday.