The concept of odious debt : some considerations (English)

Despite the popularity of the term among advocates of debt forgiveness, there is little agreement on a workable definition of "odious" debts and there are but few examples where the concept has been invoked in law to justify non-payment of sovereign debts. Most often, these have been cases when a successor state or government has refused to honor certain debts contracted by its predecessor state or government. Repudiating sovereign debts on broader...

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Author

Nehru,Vikram;

Thomas,Mark Roland;
Document Date
2008/07/01
Document Type
Policy Research Working Paper
Report Number
WPS4676
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2010/07/01
Disclosure Status
Disclosed
Doc Name
The concept of odious debt : some considerations
Keywords
odious debt

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Citation

Nehru,Vikram; Thomas,Mark Roland.

The concept of odious debt : some considerations (English). Policy Research working paper ; no. WPS 4676 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/542021468150313836

The concept of odious debt : some considerations (English)

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