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1. In May 2017, the world's first bond linked to the U.N. Sustainable Development Goals (SDG) had been issued by the World Bank, which helped

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1. In May 2017, the world's first bond linked to the U.N. Sustainable Development Goals (SDG) had been issued by the World Bank, which helped it raise 163 million from investors in France and Italy and will be used in projects aimed to eliminate extreme poverty. Why do you think such debt instruments are important? How do financial intermediaries solve the problem of adverse selection

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