Bishops Plea for African Debt Relief

This article cited Nancy Birdsall’s working paper, "Beyond HIPC: Secure Sustainable Debt Relief for Poor Countries," noting the fundamental objective of debt relief "is to ensure that the debt burden of the poorest countries is sustainable over the long term. Sustainable debt can then be managed without undue fiscal strain, contributing to macroeconomic stability that, in turn, encourages private sector investment and growth."