Tag: Odious Debts

Fearing odious debt challenges, the World Bank attempts to dismiss the legal concept

(October 20, 2007) The World Bank’s controversial discussion paper on odious debt released last month has been met with disbelief and scorn. A review by Probe International’s executive director, Patricia Adams, concludes that it “is not a serious treatment of the rigorous scholarly debate now occurring over the concept of odious debts.”

Graft Fights Back

(May 9, 2007) A majority on the World Bank’s board, many of whom are directors from Third World countries opposed to president Paul Wolfowitz’s anti-corruption campaign, understandably want him out. But why is the World Bank Group Staff Association so intent on getting rid of Wolfowitz?