Michel Camdessus, former director of the IMF, and Jean-Michel Severino, director general of France's international development agency, believe that labeling all debt as bad is going to far. A previous note of ours on the grants vs. loans debate.
Michel Camdessus, former director of the IMF, and Jean-Michel Severino, director general of France's international development agency, believe that labeling all debt as bad is going to far. A previous note of ours on the grants vs. loans debate.
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