Debt relief

William Easterly

doi:10.2307/3183290

Debt relief

William Easterly

Research output: Contribution to journal › Article › peer-review

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 language	English (US)
Pages (from-to)	20-26
Number of pages	7
Journal	Foreign Policy
Issue number	127
DOIs	https://doi.org/10.2307/3183290
State	Published - 2001

ASJC Scopus subject areas

Sociology and Political Science
Political Science and International Relations

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10.2307/3183290

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Debt relief

Abstract

ASJC Scopus subject areas

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