Debt Elimination: Pro and con

Rompalske, Dorothy
October 2002
Biography;Oct2002, Vol. 6 Issue 10, p58
Focuses on the favorite cause of rock musician Bono. Discussion of the pros and cons of debt elimination for impoverished nations; Assertion that the World Bank and the International Monetary Fund can absorb the debt of the poorest countries without additional taxpayer appropriations; Support of the two institutions for a limited debt reduction plan; Issue of borrowing money to finance growth.


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