A Socialist Wreck On The Mend...Faces A Deadly Enemy: Aids

When Malcolm F. McPherson of the Harvard Institute for International Development arrived at Zambia's Finance Ministry in 1992, he knew the economy was in trouble. How badly, he couldn't tell: Central-bank accounts hadn't been audited since 1988, and when asked how much Zambia owed international lenders, officials simply said "a lot."

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