The Developing World is too Big to Fail (Guardian)

The Guardian cites CGD president Nancy Birdsall's note that argues for a $1 trillion bailout for developing countries.

From the article:

"The Centre for Global Development conservatively estimates that the developing world needs at least $1tn to cope with the crisis. When the Obama administration goes to the upcoming G20 summit next month, it should leverage at least that much for the poor and call on the IMF to halt its double standard when it comes to loans for poor countries. The global economy, and the world's poor, will depend on it."

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