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Forgive Debt, but Keep Lending

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Organisation for Economic Co-operation and Development2026-04-11 收录
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https://www.oecd.org/en/publications/forgive-debt-but-keep-lending_243721887467.html
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Cancelling of poor-country debt does not mean that the best way to give aid is through grants only. Aid through loans may often prove superior, provided that it maintains debt sustainability. A new scheme for soft loans is suggested, with higher interest rates and cancellation provisions if bad shocks occur, to minimise moral hazard and strengthen...
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