[lbo-talk] G8 debt plan

[Jim Devine]

One problem, as I understand it, with this is that countries have to
follow G8 dictates (i.e., free market economics) in order to get their
debt written off. Is that a valid understanding?
JD

On 6/12/05, Doug Henwood <dhenwood at panix.com> wrote:
> FT.com - June 12, 2005
> 
> Caution over G8 debt plan for poor countries
> By Chris Giles and Friederike Tiesenhausen Cave
> 
> While the Group of Eight finance ministers were hailing a "historic
> breakthrough" at the weekend after they agreed to cancel the debts of
> 18 poor but well-governed countries, doubts were already being raised
> about how great an impact the deal would have.