The vicious circle

Wednesday, July 11, 2001 - 10:00

Debt service payments and reforms attached to debt relief and new loans

Reduced government spending and focus on export earning projects

Reduced access to and poorer quality of services. Increase migration for employment

HIV/AIDS flourishes

Weakened economy and reduced quantity and quality of public services

Smaller government budget (loans required) and lower rate of economic growth (makes service payments more difficult)

Source: The Vicious Circle, World Development Movement.

From GLW issue 455

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In these days of growing media concentration, Green Left Weekly is a proudly independent voice committed to human and civil rights, global peace and environmental sustainability, democracy and equality. By printing the news and ideas the mainstream media won't, Green Left Weekly exposes the lies and distortions of the power brokers and helps us to better understand the world around us.

Green Left Weekly, launched in 1990 by progressive activists to present the views excluded by the big business media, is now Australia's leading source of local, national and international news, analysis, and discussion and debate to strengthen the anti-capitalist movements.