... and bilateral donors like the World Bank and IMF and developed country governments who provided loans on very favourable terms with long amortisation periods and fixed rates of interest. Table 1 below, which relates to low income countries in Sub Saharan Africa gives us an indication of the kind of beneficial terms to which low income countries were given access to and ... to perpetual poverty, misery and underdevelopment as it is the case in Cote d"Ivoire, a small country on Africa's West Coast that has a declining life expectancy that is about 15 years below the average for all develo...

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