850EconomicsMedium
The Baker plan (1985) stressed ________ and the Brady Plan (1989) emphasized ________ respectively?
Adebt relief for at leas three-fourths of the eligible HIPCs; shorter requirements for adjustment programs
BIMF decentralization; World Bank dissolution
Cstructural adjustment loans for LDCs experiencing unanticipated external shocks; renewed emphases on macroeconomic stabilization programs
Dnew loans from multilateral agencies and surplus countries; debt reduction or write-downs
Correct answer
D. new loans from multilateral agencies and surplus countries; debt reduction or write-downs
Explanation
The correct answer is new loans from multilateral agencies and surplus countries; debt reduction or write-downs.