What is the view of those on the Left regarding loans as a source of funds for the development needs of poor countries?

a) Loans are a means by which rich countries get a stranglehold over poor countries and a much greater portion of aid should be given in grants. b) Loans provide adequate funds for the development needs of poor countries and unlike grants, they encourage nations to use their resources efficiently. c) Loans provide one source of funding, but the IMF should be more involved in their distribution. d) All development in poor countries should be financed internally, with funds already in the nation.


A

Political Science

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Political Science