Tag Archives debt

Haemorrhaging Zambia: Underlying sources of the current sovereign debt crisis

Haemorrhaging Zambia: Underlying sources of the current sovereign debt crisis

Following a stand-off with commercial creditors and protracted but unresolved negotiations with the IMF, Zambia defaulted on its external sovereign debt on 13 November this year. While most commentary has focused exclusively on ...

No choice but to grow: debt and economic growth in rural Colombia by Lorenza Arango Vásquez

No choice but to grow: debt and economic growth in rural Colombia by Lorenza Arango Vásquez

A majority of Colombia’s rural areas now hold large levels of interest-bearing debt as a result of the increased popularity of bank credits. This article through interviews with debtor peasants ...