Word: lende
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...anticipates a tense, three-way tug of war developing among private bankers, debtor countries and international institutions like the International Monetary Fund. The bankers want payment on their loans, the developing countries are not anxious to take austerity measures to pay their debts, and international institutions are reluctant to lend still more money to the poor countries except on tough terms. The result of the three-sided struggle could lead to more political unrest in some Third World countries...
...dozen distinguished graduates of Harvard and Yale to reminisce in print about their college years. For most such figures, those were years of outstanding academic achievement, featuring meaningful friendships with influential professors and culminating in attractive fellowships and job-offers in short, just the sort of years that lend themselves, in all but the most prudent hands, to reminiscence of a singularly smug and irritating nature--especially, one might add, to an undergraduate reader...
...largest single supporter contributed $14 billion to the fund during the current four-year period, has been arguing that the fund's reserves are already ample. American officials, headed by Treasury Secretary Donald Regan, maintained that if the IMF had the extra funds, it would lend them out too indiscriminately and thereby fuel inflation. Said one top Treasury Department official: "If they've got the money, there is always the pressure...
...dramatic and prompt increase in contributions by IMF member states as a way to help boost the organization's capital reserves, from a current level of $67 billion to perhaps as much as double that amount. That would not only provide more funds for the IMF to lend out to developing countries, but would also decrease those nations' dependence upon private banks for money...
Whatever the fate of Mexico, officials at the conference warned that there could be equally grave consequences if banks suddenly became overly cautious and started refusing to lend money to Third World governments at all. Having put out easy loans to those countries for the past decade, bankers cannot now abruptly snap their wallets shut without imperiling the economies of several weak borrowers. Both borrowers and lenders now face a very delicate financial situation, and it may require the talents of a magician more than those of a banker to solve the problems...