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Who Pays the Bill for Climate Change?

The Daily

NOTE

The Consequences of Debt for Developing Countries

Governments borrow money from the World Bank and IMF in order to spend money on things like schools, hospitals, and police, in order to make sure that they are able to repay the debt./nThe World Bank and IMF place a premium on getting repaid, even if the money is being lent for the recovery of a storm.

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