Advertising

Baker plan

• A plan by U.S. Treasury Secretary James Baker under which 15 principal middle-income debtor countries (the Baker 15) would undertake growth-oriented structural reforms, to be supported by increased financing from the World Bank and continued lending from commercial banks.

 
 Embedded terms in definition
 Commercial
Lending
Principal
U
World bank
 
 Related Terms
 

<< Bailout Balance of payments >>

Multi-Tasking In Your 30s, 40s or 50s: Managing for today and saving for tomorrow, including a child's college expenses and your retirement More...

When a true genius appears in the world you may know him by this sign: that all the dunces are in confederacy against him. - Johnathan Swift

Advertising



Copyright 2009-2017 GVC. All rights reserved.