Cologne Debt Initiative Falls Short

Henriot, Peter J.
August 1999
America;08/14/99, Vol. 181 Issue 4, p18
Presents the perceptions of the debt relief package agreed to by the Group of Seven leaders in Cologne, Germany. Interests of creditors and debtors; Major flaws that mark the Cologne Debt Initiative according to analysts in favor of debt cancellation; Conditions for a more equitable relief for debt-laden countries like Zambia; Important mechanisms encompassing the participation of civil society which have some practical basis in African countries today.


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