3min chapter

Odd Lots cover image

Mitu Gulati and Ugo Panizza on Haiti’s Odious Post-Colonial Debt

Odd Lots

CHAPTER

The Odious Debt Doctrine

How did that particular interpretation of odious debt come into being? Because in some ways it seems very, very m defined and specific. This is a doctrine that was created by the us. State department in the late 18 hundreds after the spanish war. They didn't want to pay the debts that had been incurred by spain using cuba as collateral. And so they said, you know, you were despotic leader, leaders putting down an independence move.

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