debt for nature swaps

• Dan Farber
• July 14, 2011

A “Modest Proposal” for Ending the U.S. Debt Crisis: A Debt-Nature Swap with China

Debt-nature swaps allow countries with major debt over-hang and relatively weak economies to reduce their debt in return for undertaking environmental measures.  The U.S. now seems to be in the same need of debt relief as many developing countries in past decades.  In the meantime, the Chinese have a thriving economy and hold enormous amounts …

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