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Economics
MEDIUM
ENGLISH
Economics
The Baker plan (1985) stressed _______ and the Brady Plan (1989) emphasized _______ respectively?
A
IMF decentralization; World Bank dissolution
Option A
new loans from multilateral agencies and surplus countries; debt reduction or write-downs
Correct answer
C
structural adjustment loans for LDCs experiencing unanticipated external shocks; renewed emphases on macroeconomic stabilization programs
Option C
D
debt relief for at leas three-fourths of the eligible HIPCs; shorter requirements for adjustment programs
Option D
Correct answer: B
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