July 6, 2005

A step too far?

Posted in Uncategorized at 4:10 pm by thelawthoughts

I know these two BBC reports are not really law related, but I spotted them and felt they deserved comment anyway.

I think total debt cancellation for all African countries is probably too much to ask right now. I understand this is a starting point for political discussion with the G8, along with UN Reform and freeing up trade, but total debt write off is not going to happen.

Debt relief is a great idea where it will create benefit. Simply rewarding all governments alike, whether well governed or outrageously corrupt, is probably not the most sensible way forward.

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