August 13, 2002 2:55 pm
(August 13, 2002)
Michael Kremer and Seema Jayachandran
This paper examines the case for eliminating illegitimate or odious debt. The argument is that the population of a country is not responsible for loans taken out by an illegitimate government that did not have the right to borrow ‘in its name.’
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Categories: Beijing Water, Legal Scholars Advance the Principle of Odious Debts
Tags: michael kremer, Odious Debt, Seema Jayachandran
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