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In addition, the World Bank and other international lending organizations were putting pressure on Gabon to improve its environmental record.
Though Argentina's neighbors have criticized international lending organizations for inflexibility, their reaction to Mr. Duhalde's proposal was cool.
It issues the Moroccan dirham, maintains Morocco's foreign currency reserves, controls the credit supply, oversees the government's specialized lending organizations, and regulates the commercial banking industry.
Under such programs, international lending organizations demand that countries living beyond their means reduce spending on public projects and cut subsidies that often keep the cost of living down.
Those measures help combat the fiscal amateurism that had financially threatened some lending organizations, said Mary O'Keefe, who helped start Finca's operations in Mexico 10 years ago and now works as a consultant to the World Bank.
The rest of the world only notices, he said -- and then with criticism -- when the government tries to rein in publications for unsubstantiated negative reports about officials that influence outside investors and international lending organizations.
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Unless it is connected to a mandatory savings plan, there may be little gain for the borrowers, just a deepening dependency on the lending organization.
And small and medium-sized companies that need to borrow can go to a quasi-governmental lending organization to get access to capital.
Mexico has repaid its debt to the International Monetary Fund, ending a difficult chapter in the country's history and opening the way to a new relationship with the lending organization.
But those programs that are run and managed by local borrowers and connected to education, health care, small-business management, improved literacy and a savings fund that eventually replaces the borrowed capital — thereby liberating the borrowers from dependency on the lending organization — are worthy of support in Haiti and elsewhere in the developing world.
After registering as Mongolia's first non-bank financial institution in 2000, it quickly merged with another lending organization formed by the international NGO Mercy Corps to become a commercial bank.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com