ROME: Governments from around the world will gather in Brussels under UN auspices on May 14th to discuss the plight of poor countries. As they talk, the leaders of rich countries may strike a self-satisfied pose, recalling as they do the old proverb, which says that forgiveness is divine. For little more than a year ago they agreed to forgive much of the debt of the world’s poorest countries. Of course, forgiving the debts of the poor is undoubtedly noble. Sadly, not everything that is noble is smart and effective.
ROME: Governments from around the world will gather in Brussels under UN auspices on May 14th to discuss the plight of poor countries. As they talk, the leaders of rich countries may strike a self-satisfied pose, recalling as they do the old proverb, which says that forgiveness is divine. For little more than a year ago they agreed to forgive much of the debt of the world’s poorest countries. Of course, forgiving the debts of the poor is undoubtedly noble. Sadly, not everything that is noble is smart and effective.