Odious debt in retrospect.

Law and Contemporary Problems;  September 22, 2007 ;   Tarullo, Daniel K.;   787 words ......since Alexander Sack coined the phrase odious debt, academics and activists have periodically...which current interest in the problem of odious debt is intertwined with other problems that...is no consensus on the definition of odious debt, the concept in all its variations is...

Odious, not debt.(Odious Debts and State Corruption Conference)

Law and Contemporary Problems;  June 22, 2007 ;   Gelpern, Anna;   787 words ......doctrine of international law: the Doctrine of Odious Debt. (1) As formulated in 1927, Odious Debt allows governments to disavow debts incurred...possessions. Few countries have invoked Odious Debt as grounds for repudiation; (2) none has...

Sovereign debt restructuring, odious debt, and the politics of debt...

Law and Contemporary Problems;  September 22, 2007 ;   Rasmussen, Robert K.;   787 words ...I INTRODUCTION Odious debt is more of a literature than a doctrine...goal of those who support a robust odious debt doctrine is to inhibit lending for...that would justify describing the odious debt doctrine as an actual part of international...

Devilry, complicity, and greed: transitional justice and odious...

Law and Contemporary Problems;  June 22, 2007 ;   Gray, David C.;   787 words ......these volumes reveal, issues relating to odious debt and contemporary efforts to expand the odious debt doctrine to cover all debts of odious...simple. In particular, any analysis of odious debt must account for issues that inhere to...

Odious debt.

Finance & Development;  June 1, 2002 ;   Kremer, Michael Jayachandran, Seema;   787 words ......corporations. The legal doctrine of odious debt makes an analogous argument that sovereign...forever. What can be done to eliminate odious debt? In a recent study, we argued for the...incentive to evade. A new approach to odious debt As it stands now, countries repay debt...

Odious debt wears two faces: systemic illegitimacy, problems, and...

Law and Contemporary Problems;  September 22, 2007 ;   Backer, Larry Cata;   787 words ......examines how the traditional notion of odious debt as a method of repudiating sovereign...Cuba. The origins of the concept of odious debt can be traced at least as far back as...duster of principles constituting modern odious debt doctrine has become a means to restructure...

Odious debt. (Letters to the Editor).(Letter to the Editor)

Finance & Development;  March 1, 2003 ;     787 words ......address a politically sensitive issue in Odious Debt (June 2002). Clarification of what constitutes odious debt and consensus on a solution are needed...people's consent in itself constitute odious debt. Government representatives are supposed...

When is a debt not a debt?

Global Finance;  June 1, 2003 ;   Beasley-Murray, Benjamin;   787 words ......when he formulated the doctrine of 'odious debt'. It is not just, Sack claimed, for...Paul Wolfowitz refocused the debate on 'odious debt' when he told a US Senate committee...and today's foremost champion of the 'odious debt' doctrine. "The people of Iraq really...

Odious debt: when dictators borrow, who repays the loan?

Brookings Review;  March 22, 2003 ;   Kremer, Michael Jayachandran, Seema;   787 words ......The key to a loan embargo is a concept known as odious debt. Odious Debt By law, in most countries, individuals do not...scholars subsequently elaborated a doctrine of odious debt, arguing that sovereign debt should not be transferable...

Sorting out Iraq's money woes

Chicago Sun-Times;  April 10, 2003 ;   Editorials;   262 words ......Monetary Fund: the notion of "odious debt." Actually, it's an old idea...by writer Lawrence Solomon, "odious debt" came out of the Spanish-American...money. Maybe they won't get it. "Odious debt" are words we'll be hearing more...

DEBTS SHOULD BE PAID BY FORMER DICTATORS

The Boston Globe;  July 20, 2003 ;     206 words ......United States introduced the concept of odious debt in international law at the end of the...of the debt owed by poor countries is odious debt. The IMF, the World Bank, and other...lenders should be required to cancel the odious debt of countries such as Haiti, the Philippines...

Odious debt, odious credit, economic development, and...

Law and Contemporary Problems;  June 22, 2007 ;   Ginsburg, Tom Ulen, Thomas S.;   787 words ......nations to escape obligations. (3) A. The Odious Debt Problem At times, major powers--invoking...come to be known as the doctrine of odious debt --have argued that new regimes should...reviving this doctrine and creating an odious debt exception to state succession. (5) Despite...

Agency by analogy: a comment on odious debt.

Law and Contemporary Problems;  September 22, 2007 ;   DeMott, Deborah A.;   787 words ......might think about the phenomenon of odious debt from the standpoint of common-law agency...liability in the sovereign context. The odious debt phenomenon itself is well described...appear to hold promise as solutions for odious debt incurred by a sovereign borrower, this...

The institutionalist implications of an odious debt doctrine.(Odious Debts...

Law and Contemporary Problems;  June 22, 2007 ;   Stephan, Paul B.;   787 words ......sovereigns to their obligations. The odious debt doctrine intrudes on this settled pattern...United States originated the concept of odious debt over a century ago, but since World...is whether to recognize and define an odious debt defense through a treaty or national...

The due diligence model: a new approach to the problem of odious debts.

Ethics & International Affairs;  March 1, 2007 ;   Shafter, Jonathan;   787 words ...Odious debt is sovereign debt incurred by a government...repudiate inherited debts meeting the odious debt standard. Whether international law theoretically...illegitimate regimes do not invoke the odious debt doctrine, out of fear that doing so would...