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The Problem of External Debt*
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Jun 3rd 2020, Prabhat Patnaik
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The
build up of external debt in developing countries is
putting further strain on their already dwindling public
revenues. Deferring debt service payments by the G20,
instead of writing off some debt, will only increase
their burden in the future.
*
This article was originally published in People's
Democracy on June 7,
2020.
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