Debt Relief
John Ydstie talks with Nancy Birdsall, head of the Center for Global Development in Washington D.C., about the progress that has been made in relieving the debts of the world's poorest countries. (4:30) Birdsall is co-author of Delivering on Debt Relief: From IMF Gold to a New Aid Architecture. The book is published by Institute for International Economics, April, 2002. (Please note this story was corrected on air on April 25, 2002: "Desmond Alufohai of Coral Gables, Florida, writes about our interview concerning Third World debt. He says, "(The guest) cited an example of an African country called Burkina Faso — quote — 'located in Central Africa.'" Mr. Desmond Alufohai continues, "Burkina Faso, formerly called Upper Volta and a former French colony, is located in West Africa and not in Central Africa! Ouagadougou is the capital city." )