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A Short History of Debt

A Short History of Debt

IMF Podcasts · IMF Podcasts

March 15, 2013

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Show Notes

Sub-Saharan economies might be performing well now, but not so long ago, they were mired in debt. During the 70's, many of them borrowed money to unsustainable levels and found themselves unable to service their debt. Joly explains how they got out of their predicament.