Abstract
This article outlines a scheme whereby the World Bank could make an extra $5.5 billion in concessional-rate loans available in 1988 and substantial amounts available annually for the following decade, at no direct cost to the donor or the borrower countries. The scheme would use the stream of repayments from old IDA loans, receivable in the next 40 years, to pay the costs for borrowing money which could be relent now to deal with urgent development and adjustment needs. Several possible objections to the scheme are noted and answered.
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