BAKER PLAN


Meaning of BAKER PLAN in English

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.

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.