Baker Plan


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Baker Plan

A plan by former 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.

Baker Plan

A plan formed by U.S. Treasury Secretary James Baker in 1985 to relieve debt in the developing world. The Baker Plan identified 15 countries with relatively healthy economies but also with a large amount of debt, and suggested the World Bank and private banks provide funding while these countries undertook liberalizing structural reform. Ultimately the plan was not implemented because no consensus could be reached on which 15 countries to include.
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Despite hosting the Polisario party and allowing around 100,000 refugees to remain in Tindouf, the Algerian position has been consistent in calling for an application of UN resolution 1495 also known as the Baker plan.
Baker Reynolds & Baker plan to take on three new directors and expand operations by linking with accountants and lawyers in Walsall and Lichfield.
The George Baker plan had been hatched by Findlay, who owns the twoyear-old with Tony Bloom, while he was watching television one afternoon and trainer George Baker is looking forward to seeing it come to fruition.
The so-called Baker Plan of 2001 called for an autonomous Western Sahara Authority that would prepare the ground for a referendum to be held disagreements over who was allowed to vote.
To everyone's surprise, both Algeria and POLISARIO, despite initially rejecting the plan, eventually accepted Baker's new proposal, better known as Baker Plan II.
The Western Saharan independence movement has already agreed to a referendum under the 2003 Baker Plan that would be dominated by Moroccan settlers.
In the meantime, the Houston Agreement, which was negotiated by James Baker III, the personal envoy of UN Secretary-General Kofi Annan in 1997, failed as did the first Baker Plan, or the Framework Agreement, of 2000.
Sacrificing Israel through the Baker plan will not help America in Iraq nor stop the march of radical Islam globally.
The Baker plan may well call for the partition of Iraq, which this administration is profoundly opposed to.
Able and Baker plan to admit Charles to the partnership on July 1, 2002, as an equal partner.
The Baker Plan aimed to defeat the debt crisis through long-term growth in the debtor nations (as opposed to the short-term stabilization programs of the preceding three years).
government agencies blundered Triumph-like from the stingy Baker Plan into the forgiving Brady Plan during the debt crisis.