A New Financial Crisis around the World (Congressional Quarterly)

Congressional Quarterly quotes CGD president Nancy Birdsall on debt relief during the financial crisis.

From the article:

"Nancy Birdsall, president of the Center for Global Development, a Washington think tank focused on development issues, argues that the World Bank and IMF should allow many countries to delay debt-servicing payments until conditions improve in global finances.

“Some of the big projects in infrastructure are being de-funded” in debtor nations,Birdsall said, adding that without assistance,those countries “are not going to be buying anyone’s exports.”"

Read the article (PDF)