Cancel the Debts of Impoverished Countries? It Wouldn’t Be the First Time
Debt cancellation for most American economists is unthinkable today, yet it was common in the ancient world and was used to stabilize economies after World War II
Results from Tag: 'debts'
Catholic Bishops Seek Cancellation of Poor Countries’ Debts at G20 Finance Summit
The letter’s Catholic signatories included two English bishops -- Bishop Declan Lang, chairman of the English and Welsh bishops’ department for international affairs, and Bishop John Arnold, lead bishop for environmental affairs -- and two Scottish bishops, Bishop Joseph Toal of Motherwell and Bishop William Nolan of Galloway.
