Does Debt Forgiveness Work? Ask Africa
Category: WORLDPOST
Corruption, natural disasters, wars, bad policies, and bad luck made it impossible for African governments to keep up with debt payments without cutting basic services to their people, who were already poor and getting few services in the first place.
By Marcelo Giugale, ContributorDirector of Financial Advisory and Banking Services at the Wor..., 2014-05-13