ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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The Chinese Are Coming

November 2, 1985 tionality in regard to domestic economic policies. However, the developing countries, while constantly arguing for enlargement of this window in The Bank (the G-24 report referred to above specifically asks' for giving at least 25 per cent of the Bank's loans in the form of structural adjustment loans) have at the same rime urged reduction of the conditionally attaching to these loans so as to make the assistance much more flexible and thereby improve its usefulness to the borrowing countries. What the US proposal is seeking to do now is exactly the opposite, namely, to tighten the conditionality. What is worse is that in the name of growth the promotion of ideological objectives is being sought, and sought so very blatantly.

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