Quote:
Originally Posted by DRS112
Most debt was forgiven back in the 80's(actually the countries just defaulted)...now, the World Bank and the IMF have set up "condititionality" in order to prevent them from defaulting on the loans and to ensure that they will take the necessary steps to grow economically.
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Except even that is hampering them to some degree. Plus, when a country is seeing its labor and resources exploited by an international corporation which then siphons off the benefits they're back to square one again.