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The World Bank and the IMF had once argued that the leniency of debt forgiveness would make it more difficult for the lenders themselves to

The World Bank and the IMF had once argued that the leniency of debt forgiveness would make it more difficult for the lenders themselves to borrow cheaply on the worlds capital markets. If you were a World Bank donor, would you support the HIPC Debt Initiative or argue against it? Explain your answer.

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