Aid and Indebtedness

Aid and Indebtedness - amount of revenue, then it must...

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Aid and Indebtedness Jacky Chong
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What are the possible benefits of debt relief to a developing country?
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Definition Debt Relief To release funds that may be invested in physical and human capital.
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Benefits Debt relief will release money, allowing governments to finance develoment objectives. If a government has a given
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Unformatted text preview: amount of revenue, then it must choose between competing demands for money. The demands include the requirement to service debt, invest in infrastructure, and invest in human capital through spending on education and health care. D e b t S r v i c Spending on health care...
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This note was uploaded on 12/31/2011 for the course ECON 111 taught by Professor Jerryfreek during the Spring '11 term at Ave Maria.

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Aid and Indebtedness - amount of revenue, then it must...

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