Why Poor Countries Can’t Escape Their Debts
Every generation of sovereign debt crises produces its own fix. Every fix eventually runs into the same wall: someone must...
John McIntire is an economist who worked for the World Bank from 1989-2011, retiring in 2011 as Country Director for Tanzania, Uganda, and Burundi. He lives in California and writes on tropical agriculture, EM debt, and distance running.
Every generation of sovereign debt crises produces its own fix. Every fix eventually runs into the same wall: someone must...
The World Bank’s rapid reconstruction report for Venezuela, published in record time following the earthquakes of June 24, is one...
Most international institutions (the IOs) are underfunded or under other forms of attack, with some on what could be called life...

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