[lbo-talk] G8 debt plan

Michael Perelman michael at ecst.csuchico.edu
Sun Jun 12 20:33:38 PDT 2005


What problem? Isn't that the purpose of he whole thing?

On Sun, Jun 12, 2005 at 07:50:11PM -0700, Jim Devine wrote:
> 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.
>
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-- Michael Perelman Economics Department California State University Chico, CA 95929

Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu



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