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10 cards from this deck
Organisations of multiple countries pooling resources for development
Loan conditions more favourable than commercial market rates
Early 1980s, triggered by Mexico's inability to repay debts
Over 80% of export earnings went to debt servicing
Short-term financing for balance of payments problems
Long-term financing for development projects
1995
John Williamson in 1989
Risk that forgiveness encourages future irresponsible borrowing
Non-profit voluntary citizens' groups (local to international)
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