This is an institution based on the representation of countries based on their economic weight in the world economy. The world economy is not a frozen thing it changes over time.
This is an institution based on the representation of countries based on their economic weight in the world economy. The world economy is not a frozen thing it changes over time.
And it's also producing a growth in debt to the United States that will weight very heavily in a country that has to address issues like having more old people to be covered by Social Security or by pension in the future.
It is advisable for the country to privatize the state Telecommunication Company (HONDUTEL), and allow larger competition on the market for its 4-million debt to be pardoned.
And then you might decide that the country can just spend maybe years or decades to regain that credit, or maybe give that county the support, the financial support that the market is not willing not do.
Most cases, I would say, in a huge amount of cases, countries that have worked with us and have used our financial facilities have come out quick... more quickly and in a better shape from a crisis than would have come out otherwise.
© 2020 Inspirational Stories
© 2020 Inspirational Stories