> I'm never one to tell people not to party, but this isn't
> any cause for celebration. Countries will have to go through
> further structural adjustment to qualify for "debt relief,"
> and it won't make that much difference in their actual debt
> service payments. I think the HIPC initiative is mainly PR -
> a response to some very effective agitation by the Jubilee
> 2000 people.
A report on PNN the other night had a J-2000 person on that said some of the most indebted countries will be worse off -- Mali was an example she cited.
--
Joseph Noonan jfn1 at msc.com