Exposing negative net transfer of financial resources from countries


  • Neutralizing negative net transfer of financial resources from countries

Context

Official global development assistance is equivalent to only 1.1% of the combined gross national product of the recipient countries, and is less than the interest they pay on their debt. Such third world interest payments on debts has had the result that as of 1984, there has been a net transfer of capital from lower-income countries to upper-income countries.


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