The United States as a HIPC* 
- how the poor are financing the rich. 

*Heavily Indebted Prosperous Country

A report from JUBILEE RESEARCH at the New Economics Foundation 
by Romilly Greenhill and Ann Pettifor
April 2002

This short report outlines the role the US deficit has played in driving the process of globalisation. Secondly, it analyses the way in which poor countries are financing the US deficit and therefore the high living standards of US citizens.

• Full report (PDF file)
• Full report (HTML file)
• Press release