Debt relief

William Easterly

    Research output: Contribution to journalArticle

    Abstract

    Debt relief has become the feel-good economic policy of the new millennium, trumpeted by Irish rock star Bono, Pope John Paul II, and virtually everyone in between. But despite its overwhelming popularity among policymakers and the public, debt relief is a bad deal for the world's poor. By transferring scarce resources to corrupt governments with proven track records of misusing aid, debt forgiveness might only aggravate poverty among the world's most vulnerable populations.

    Original languageEnglish (US)
    Pages (from-to)20-26
    Number of pages7
    JournalForeign Policy
    Issue number127
    StatePublished - Nov 2001

    Fingerprint

    debt relief
    national debt
    pope
    Economic Policy
    indebtedness
    popularity
    poverty
    resources

    ASJC Scopus subject areas

    • Sociology and Political Science
    • Political Science and International Relations

    Cite this

    Easterly, W. (2001). Debt relief. Foreign Policy, (127), 20-26.

    Debt relief. / Easterly, William.

    In: Foreign Policy, No. 127, 11.2001, p. 20-26.

    Research output: Contribution to journalArticle

    Easterly, W 2001, 'Debt relief', Foreign Policy, no. 127, pp. 20-26.
    Easterly W. Debt relief. Foreign Policy. 2001 Nov;(127):20-26.
    Easterly, William. / Debt relief. In: Foreign Policy. 2001 ; No. 127. pp. 20-26.
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