Paul HealeyHow the colonial abuse of developed Nations continues on undeveloped Nations. Deflecting blame for transactional racketeering #MobEcocide:
‘Developing economies should think hard about taking on resource-backed loans’
Developing economies should think hard about taking on resource-backed loans
Rising debt and record-high commodity prices are tempting many developing countries to pledge their natural resources to secure the financing they so urgently need. They should tread carefully: a renewed embrace of resource-backed loans could backfire on them.