Mozambique sues in UK to cancel debt in secret loan case
Documents obtained by Jubilee Debt Campaign show that the government of Mozambique is seeking the cancellation of a $622 million debt
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Debt Free in the conference ‘The Financialisation and Development in the Global South’.
From 26 to 28 November 2019, SOMO, Centro Cultural de la Cooperación Floreal Gorini, with scholars from the University of Buenos Aires and the University of San Martín organized a conference titled ‘The Financialisation and Development in the Global South’. This conference brought together different academic communities, policymakers and civil society organizations. In particular, were…
Notes on Optimal Debt Management
Consider the finance of an exogenous path of public expenditure, G(t),with taxes and public debt issues. In the absence of unexpected default,borrowing does not allow the government to escape taxes in a present-valuesense. But the choices of how much to borrow and in what form affect the timing of tax collections and the ways in…
Public Debt and the Pasinetti Paradox
The Cambridge Theorem states that on a long run, equilibrium path, the rate of profits is equal to the natural rate of growth divided by the capitalists propensity to save. Public Debt and the Pasinet… by Debt Free on Scribd