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Vulture Funds, Sovereign Debts And The Concept Of Debt Relief, Ufuoma Barbara Akpotaire
Vulture Funds, Sovereign Debts And The Concept Of Debt Relief, Ufuoma Barbara Akpotaire
Ufuoma Barbara Akpotaire
An Institute for Social Change Research and Learning Series webinar looking at one of the pressing issues impacting international debt relief. Ufuoma Barbara Akpotaire, A SISGI Group Spring 2011 Program and Research Intern, provides an analysis of a problem facing many countries and proposes strategies that can be used to improve international debt relief.
Debt relief is seen as a strong economic development strategy for many countries facing issues of poverty and lack of resources. Unfortunately, a legal system that allows debt to be sold to "vulture firms" is preventing debt relief and even international aid efforts from being realized. …