Originally Posted by Dollarmansteve

As corrupt as a country may be, much of this debt is from thr World Bank and the IMF, so, in order for the country to go into debt 'again' it would be because they took on more loans, which is at the discretion of the lending party and has no relation to the degree of corruption.

China and Russia have two of the most corrupt economies in the world, and yet this has little bearing on their international debt and/or ability to function economically.