Tuesday, June 28, 2005

Forgiving Debt

Just a quick mention of 3 of the several articles around skeptical of the benefits of debt forgiveness strategies currently being pursued by old musicians. The Economist here, which links to an IMF paper, and in today's Australian.

It is obvious that the endemic level of corruption and maladministration in government in Africa is at the heart of many countries' poverty problems. But how do you fix those problems? That is the hard question it seems no one knows how to answer.

Update: one other good and easy to follow article from Slate is here.

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