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Odious debt roundtable report
by Eurodad
4 August 2008

The World Bank and Eurodad have published the outcome report of the recent round-table on odious debt and responsible lending. The round-table represented the first open dialogue on the issue of illegitimate debt between CSOs and the World Bank. It also involved inputs from creditor and debtor governments, academics and other experts. The report covers some of the main discussions and debates on the definition of illegitimate and odious debt, proposals for how the issue could be tackled, how to address issues of creditor responsibility, country experiences (e.g. Haiti and Nigeria) and ensuring responsible lending and borrowing practices in the future. CSOs expressed the hope that this discussion represented the first of a series of future dialogues with the World Bank on this important issue. To read the full report, see: