What do any of you think about the Jubilee 2000 movement to cancel
international debt for impoverished countries by the beginning of the next
millennium? I've been asked by a church organization to talk on the subject
in a couple of weeks and I'm curious about what other institutional
economists think. It seems pretty clear who the winners are when debts are
extinguished. However, I'm curious about who loses when international
debts are written off.
Please feel free to respond privately or to the list.
Reynold F. Nesiba, Ph.D.
Assistant Professor of Economics (605) 336-5310 office
Augustana College (605) 335-6998 home
2001 South Summit Avenue (605) 336-5229 fax
Sioux Falls, South Dakota 57197 [log in to unmask]
Visit Augustana's Homepage at http://www.augie.edu
and the Department of Economics homepage at