| Topic: |
Religions > Atheism |
| User: |
"maff" |
| Date: |
08 Jul 2005 03:50:49 PM |
| Object: |
OT: Salil Tripathi |
Writing off the debt
http://www.guardian.co.uk/comment/story/0,3604,1524044,00.html
Renouncing international repayments would not only allow Africa to grow
but also teach creditors not to lend to 'odious' regimes, writes Salil
Tripathi
Friday July 8, 2005
One of the great achievements of the campaigners for debt relief is to
have exposed an enduring conceit of international economics: that poor
countries were able to repay their debt.
The charade of wealthy countries offering limited concessions and fresh
credit to countries to pay back old loans was always a book-keeping
exercise. It allowed them to pretend that the old loans they had made
were somehow being repaid, and limited new money was offered. According
to initial estimates, the recent $40bn (=A322.8bn) package for poor
countries would lead to fresh aid of only about $2bn.
Salil Tripathi
http://news.google.com/news?q=3D%22Salil%20Tripathi%22&num=3D100&hl=3Den&lr=
=3D&safe=3Doff&sa=3DN&tab=3Dgn
http://www.google.com/search?q=3D%22Salil+Tripathi%22&num=3D100&hl=3Den&lr=
=3D&tab=3Dnw&ie=3DUTF-8&sa=3DN
http://www.google.com/search?q=3D%22Salil+Tripathi%22&btnG=3DSearch+Directo=
ry&hl=3Den&cat=3Dgwd%2FTop
http://groups-beta.google.com/groups?q=3D%22Salil%20Tripathi%22&num=3D100&h=
l=3Den&lr=3D&safe=3Doff&sa=3DN&scoring=3Dd&tab=3Dwg
.
|
|
|
