If we are to believe the G7 finance ministers, Haiti is on its way to getting something it has deserved for a very long time: full “forgiveness” of its foreign debt. In Port-au-Prince, Haitian economist Camille Chalmers has been watching these developments with cautious optimism. Debt cancellation is a good start, he told al-Jazeera English, but: “It’s time to go much further. We have to talk about reparations and restitution for the devastating consequences of debt.” In this telling, the whole idea that Haiti is a debtor needs to be abandoned. Haiti, he argues, is a creditor – and it is we, in the west, who are deeply in arrears.
Coninues >>
Forgiveness for Haiti? We should be begging theirs
February 12, 2010The very idea of Haiti as debtor needs to be abandoned. We in the west should pay arrears for years of violations
If we are to believe the G7 finance ministers, Haiti is on its way to getting something it has deserved for a very long time: full “forgiveness” of its foreign debt. In Port-au-Prince, Haitian economist Camille Chalmers has been watching these developments with cautious optimism. Debt cancellation is a good start, he told al-Jazeera English, but: “It’s time to go much further. We have to talk about reparations and restitution for the devastating consequences of debt.” In this telling, the whole idea that Haiti is a debtor needs to be abandoned. Haiti, he argues, is a creditor – and it is we, in the west, who are deeply in arrears.
Coninues >>
Share this:
Tags:foreign debt, Haiti, Jean Bertrand Aristide, Naomi Klein, the Duvaliers
Posted in Commentary, imperialism, Uncategorized | Leave a Comment »