A developing world of debt | Global development | guardian.co.uk
http://www.guardian.co.uk/global-development/poverty-matters/2012/may/15/developing-world-of-debt?intcmp=122
Years after debt campaigners succeeded in persuading the International Monetary Fund (IMF), World Bank and G8 to abolish debts worth billions of dollars owed by developing countries, figures show total external debts are once again on the increase.
Data in the World Bank’s global development finance 2012 report (pdf) shows total external debt stocks owed by developing countries increased by $437bn over 12 months to stand at $4tn at the end of 2010, the latest period for which data is available.