Negotiating the hipc debt initiative

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Reference no: EM13552024

Negotiating the HIPC Debt Initiative, the World Bank and the IMF worked closely together. At one point, how-ever, the plan came to a standstill when the two organi-zations produced different figures for Uganda's coffee exports, with the IMF giving a more optimistic forecast and so arguing against the need for debt relief. In your opinion, is there any benefit to these organizations work-ing together? Explain. Which organization do you think should play a greater role in aiding economic develop-ment? Why?

Reference no: EM13552024

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