Q
The Baker plan (1985) stressed _______ and the Brady Plan (1989) emphasized _______ respectively?
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A
A. Imf decentralization; world bank dissolution
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B
B. New loans from multilateral agencies and surplus countries; debt reduction or write-downs
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C
C. Structural adjustment loans for ldcs experiencing unanticipated external shocks; renewed emphases on macroeconomic stabilization programs
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D
D. Debt relief for at leas three-fourths of the eligible hipcs; shorter requirements for adjustment programs
Correct Answer:
B. B. New loans from multilateral agencies and surplus countries; debt reduction or write-downs
