Exact(4)
Ta Kung Pao called it "the biggest and most effective debt audit in Chinese history".
Effective debt relief, she said, could not be achieved under the current system because it was so stacked against the debtor.
This should include increased allocations of ODA and effective debt relief, with particular emphasis on implementation of the HIPC Initiative to free up resources for social welfare and development.
They derive a plan for an effective debt settlement.
Similar(56)
In the year leading up to the bankruptcy, FORBES estimates, the team had an effective debt-to-operating-income ratio of 40 four times what baseball allows.
No country has a credible plan for effective homeowner debt relief.
So Mr Williamson puts the effective foreign debt at an alarming $176 billion.
For now, the administration's political capital should be devoted to passing something like last year's American Jobs Act and providing effective mortgage debt relief.
Central banks' near-zero policy rates and effective monetisation of debt by way of QE would also enhance the impact of fiscal policy on aggregate demand.
William G. Gale, of the Brookings Institution, said additional federal spending would be more effective than new debt purchases by the Fed — a strategy known as quantitative easing — and that Mr. Bernanke should at least explain the connection between the two.
If they can get their act together this year, they may achieve what Blair describes as a 'quantum leap' in tackling problems of insufficient overseas aid, more effective and extensive debt relief (for developing countries, you understand, not for you and me) and the reduction, even elimination, of death from a wide variety of diseases, most notably Aids and malaria in Africa.
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