In this article, information is provided , which suggests that countries engaging in these types of operations should proceed with caution lest they give another extra-territorial entity, like existing International Financial Institutions, de facto leverage in determining policy for and access to vital national resources and assets.
Note on Barbados Debt Conversion for Marine Conservation (1)
About Dr.Juliet Melville
Dr. Juliet Melville is Independent Consultant, Former Chief Economist, Caribbean Development Bank and Lecturer, Economics Department, St. Augustine, UWI.
EXPLAINING THE BARBADOS DEBT CONVERSION FOR MARINE CONSERVATION- Dr.Juliet Melville