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Are developing countries heading for another debt crisis? And if so, what is anyone doing about it?

February 5, 2015
Skating on thin ice is an occupational hazard in my job, but it was really cracking underfoot at a recent Chatham House Rules roundtable on ‘debt crisis prevention in developing countries’. The only way to survive is to stay quiet, nod and look thoughtful when people refer to completely unintelligible things like ‘the clarification of pari passu, which created difficulties
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