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IMF Urges Authorities to Consider Debt Forgiveness to Restore Growth

By Philip Aldrick, Economics Editor Telegraph, 10 Apr 2012 http://www.telegraph.co.uk/finance/financialcrisis/9195844/IMF-urges-authorities-to-consider-debt-forgiveness-to-restore-growth.html High levels of household debt restrain consumer spending and delay recoveries, the Bretton Woods institution concluded in an analysis of crises over the past…

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