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The Bailout We Owe the Developing World One outcome of the G-20 meeting (as I wrote yesterday) was an agreement to earmark as much as $1 trillion for developing countries, where the economic crisis is having a life-threatening impact. This figure is in line with what the United Nations estimates is needed to "buffer the blows of the global downturn on the most vulnerable." Posted in development, G20, global trade, globalization, imf

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The Bailout We Owe the Developing World

One outcome of the G-20 meeting (as I wrote yesterday) was an agreement to earmark as much as $1 trillion for developing countries, where the economic crisis is having a life-threatening impact. This figure is in line with what the United Nations estimates is needed to "buffer the blows of the global downturn on the most vulnerable."

Posted in development, G20, global trade, globalization, imf