Reducing Debt

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  • Debt Abolition
    • Conditions
      • Government had to show it could manage finances
        • not corrupt
      • agree to spend saved up debt money
        • education, healthcare, reducing poverty
    • cancelling debt
      • allows for the country to develop
    • Reducing debt
      • Conservation Swaps
        • financial transactions
          • debt is cancelled out
          • exchange for investment in conservation
        • only beneficial to environment as opposed to whole community
      • HIPC
        • Highly Indebted Poor Countries


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