NI: Global Issues for Learners of English > The Issues > Money & Debt > Third World Debt Crisis > Quick check 4

logoQuickCheck - The Third World Debt Crisis

 

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Borrowing money to make interest payments is usually

   


A "debt spiral" happens when a country

   

Loans from organizations like the International Monetary
Fund ("the IMF") can sometimes lead to
                                                               
in the amounts of money that go
to help pay for health care,
education and food.



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NI: Global Issues for Learners of English > The Issues > Money & Debt > Third World Debt Crisis > Quick check 4

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Last Modified: 7 Mar 2000