ABSTRACT
In this chapter, the authors consider possibilities of remission for Brazil on ecological grounds they find that the criteria of economic and ecological measurement work strongly in opposite directions. The Indian government itself has never spoken in terms of its need for debt forgiveness, although some dedicated groups in India have shown their support for Jubilee 2000 for other less endowed countries. Both India and Pakistan have earned out nuclear tests, both incurring some economic sanctions from the West. Stricter conditionalities would be needed than in debt remission based on economic grounds. South Africa is a fairly powerful economy despite the present devaluations of the rand. Its debts sell on the discount market for 90% of face value. The total South African external debt in 1996 was $23,590 million, of which only $13,907 million was long-term debt, with a total debt service charge equal to 11.1% of its export of goods and services.
