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Debt for Nonproliferation: The Next Step in Threat Reduction
Beginning of article
Debt-for-nonproliferation swaps are potentially powerful tools that could leverage current financial conditions to reduce the security threat from Russia's weapons infrastructure.
Debt restructuring and reduction, whereby the terms of a loan are changed or part of a loan is forgiven, ar common tools used by creditors for a variety of purposes. wealthier creditor nations, such as the United States, often restructure and reduce debt owed by developing nations in order to bring about positive economic change in a debtor country. Similarly, the private financial sector restructures private debt owed by nations when it makes financial sense to do so. International nongovernmental …
