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International debt – how should it be rectified in Ghana  

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West Calder High School Centre Number: 5502330 Advanced Higher Geography Unit 3: Geographical Issues Critical Evaluations Barry McGonagle Date Of Birth: 17.10.85 Candidate Number: 990875448 Barry McGonagle, Candidate Number 990875448 West Calder High School, Centre Number 5502330 Advanced Higher Geography Unit 3: Geographical Issues, Critical Evaluation 1 International debt - how should it be rectified in Ghana International debt is a modern geographical issue which has sparked much controversy in the past and continues to affect our global community to this day. Through this essay I aim to analyse contrasting viewpoints and conclude with my own perspective of the current situation, having digested the main arguments. The debt crisis originated in the 1970s due to considerable increases in oil prices. Developing countries were forced to borrow extortionate sums of money from the developed worlds financial institutions, who were keen to take advantage of such countries vulnerability. The lending continued as Third World countries were forced to borrow more to pay back outstanding debt repayments...

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