揽瓜阁做题小分队 第22天 穷国债务减免

B及站士

P1.
1. Context: Relieving a poor country’s debt -> help citizens
2. Countries get debt relief: health care & education spending > the debt payments
3. Difficulties: debt relief programs have some limitations

P2.
1. Limitation(1): the HIPC has strict rules of debt relieve spending
2. Example: education & health spending(X) -> Poor nations need to spend money wisely

P3.
1. Limitation(2): the lack of a private sector -> property rights (X)
2. Elaborate: government may be corrupt -> funds go to the intended destination (X)

P4.
1. Limitation(3): Debt relief is important but not a panacea
2. Argument: citizens should take apart in development + right balance of emergency spending and careful investment
2. Elaborate: nations burrow money faster than they spend -> unmanageable debt will return

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