Who owes whom?

Posted on January 15, 2005 - 11:05pm :: ISD-World Affairs | Integral Sustainable Development (ISD)
Marco Visscher January 2005 | Ode Magazine, Issue 20 TF! Editorial Comment: There is already a growing recognition that the burdens of foreign debt repayments are devastating many poorer countries, hence the numerous calls for various forms of debt cancellation. But the new idea of ecological debt, as discussed in the article below, is turning the tables on the question of who owes whom and further demonstrates the necessity of advancing a sustainable approach to development.