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Thorsten Janus ODIOUS DEBT in an Imperfect World (Forthcoming, Review of Development Economics) Abstract The odious debt problem refers to a government s ability to borrow for elite consumption while
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What is odious debt in an?
Odious debt refers to a type of debt incurred by a regime for purposes that do not serve the best interests of the country and its citizens. It is a term used to describe a situation where a country borrows money in the name of the country, but the borrowed funds are not used for the benefit of the country or its people.
Who is required to file odious debt in an?
The government or the authorities responsible for managing the country's debt are typically required to file information about odious debt. This could be the Ministry of Finance or another designated department.
How to fill out odious debt in an?
The process for filling out odious debt involves providing detailed information about the debt, including the amount borrowed, the purpose of the borrowing, and any evidence or documentation supporting the claim of odiousness. This information is typically submitted through a specified form or reporting mechanism provided by the relevant government authorities.
What is the purpose of odious debt in an?
The purpose of reporting odious debt is to bring transparency and accountability to the borrowing practices of a country. By identifying and reporting on odious debt, it allows for the recognition of illegitimate debt and provides a mechanism for seeking redress or forgiveness of such debt.
What information must be reported on odious debt in an?
The information that must be reported on odious debt generally includes details such as the amount of the debt, the purpose for which it was borrowed, the individuals or entities involved in the borrowing process, and any supporting documentation or evidence that demonstrates the debt's odious nature.
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