- In his controversial book Confessions of an Economic Hit Man, American author John Perkins described how he was employed by a U.S. company to talk world leaders into accepting substantial infrastructure loans.
- According to Debt Justice’s calculations based on World Bank data.
- Nearly a third of developing countries are in or near debt distress, and for low-income countries, the number is as high as 60 percent.
Excessive debts have been inflicted globally by Western lenders
