When history repeats itself, the first time is a tragedy; the next is a farce.…
Debt Relief for LDCs: The New Trojan Horse of Neo-liberalism Amitayu Sen Gupta
This article contextualises the G8 nations’ debt relief initiative for Africa (MDRI) against the backdrop of the implications of the existing debt relief programmes. It concludes that debt relief programmes are being used by developed countries to advance neo-liberal policies in these countries, in the guise of providing relief to the distressed.
Debt_Relief_LDC (Download the full text in PDF format)