Submitted by mick duncan on January 21, 2010 - 7:20pm.
Extract from The Nation, 20 January 2010
Just days after the earthquake, the IMF announced Haiti would immediately receive a new loan of US100m.
As the IMF announced its $100 million loan under vague and presumably onerous terms, debt relief activists were already calling for a different kind of global response. They were demanding that aid to Haiti come in the form of grants, not loans. At the same time, Naomi Klein and others warned about the possibility that the earthquake would be used as a pretext to amp up Haiti's exposure to the shock doctrine.
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