Live 8, grants and loans

Cohen, Daniel; Reisen, Helmut
July 2005
OECD Observer;Jul2005, Issue 250, p17
Academic Journal
Comments on the role of soft loans in spurring development and eradicating poverty. Conclusion of a United States Congress report of the International Financial Institution Advisory Commission that total cancellation of poor-country debt was essential for development; Agreement on debt relief reached by the G8 finance ministers in mid-June 2005; Bilateral and multilateral grants in relation to total commitment of bilateral and multilateral official development assistance in all developing countries.


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