Arbeitspapier
The odious Haitian independence debt
This article introduces the Haitian Independence Debt of 1825 to the odious debt and sovereign debt literatures. We argue that the legal doctrine of odious debt is surprisingly and perhaps indefensibly narrow possibly because of historical contingency rather than any underlying logic or principle. The story of the Haitian Independence Debt of 1825 serves as an illustrative case study. In the context of telling that story, we provide estimates of the evolution of Haiti's external debt-to-GDP ratio over 1825-2020, and discuss the implications of the independence debt for the economy of Haiti. We conclude by discussing the implications of Haiti's Independence Debt for the doctrine of odious debt and the possibilities for Haiti to recover compensation.
- Language
-
Englisch
- Bibliographic citation
-
Series: Graduate Institute of International and Development Studies Working Paper ; No. HEIDWP16-2021
- Classification
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Wirtschaft
International Financial Markets
National Debt; Debt Management; Sovereign Debt
Tax Law
Economywide Country Studies: Latin America; Caribbean
- Subject
-
Haiti
Odious Debt
Debt and Growth
- Event
-
Geistige Schöpfung
- (who)
-
Oosterlinck, Kim
Panizza, Ugo
Weidemaier, W. Mark C.
Gulati, Mitu
- Event
-
Veröffentlichung
- (who)
-
Graduate Institute of International and Development Studies
- (where)
-
Geneva
- (when)
-
2021
- Handle
- Last update
-
10.03.2025, 11:45 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Oosterlinck, Kim
- Panizza, Ugo
- Weidemaier, W. Mark C.
- Gulati, Mitu
- Graduate Institute of International and Development Studies
Time of origin
- 2021
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