In today’s edition of Studio 49:
DEBT RELIEF – WHAT DIFFERENCE HAS IT MADE?
External debt remains a major obstacle to human development in many countries. Debt repayment literally crashes the economies of many societies since it swallows up billions of dollars of badly needed resources. The heavily indebted poor countries transfer some 10 billion dollars every year to the rich countries in the form of debt repayment. Last year, the eight most industrialised countries cancelled billions of dollars worth of debt to the most indebted countries. What difference has it made? So far not so much say Swedish civil societies working with development issues.
WHAT CAN SWEDEN OFFER?
Last year, tourists spent more than 8 million hotel nights in Sweden. Most of the tourists spent their time in the capital, Stockholm which has become the most visited city among the Nordic capitals. But what can Sweden and Stockholm to offer foreign tourists?