A debt to society
IMF proposals to grant 'Chapter 11' status to sovereign states look to be a bridge too far for some of its members, not least the US, writes David Marchick. However, compromise proposals due at the spring meetings of the IMF may go some way to preventing a repeat of recent financial crises
The international debate about ways to prevent and mitigate international debt crises will likely come to a head next month when senior government officials from throughout the world gather in Washington DC for the spring meetings of the International Monetary Fund (IMF) and the World Bank.
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