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The debt crisis affecting many developing countries has had

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The debt crisis affecting many developing countries has had [#permalink]

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New post 06 Jul 2011, 10:42
The debt crisis affecting many developing countries has had three causes: imprudent management and borrowing by debtor countries....
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New post 06 Jul 2011, 12:20
I think the passage is incomplete
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New post 06 Jul 2011, 12:53
Nope.. Its taken rite from the book and it is not incomplete. Moreover, the last para has concluding elements.
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New post 07 Jul 2011, 00:15
Is it A !!
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New post 07 Jul 2011, 00:20
OMG !! It is clearly mentioned on the last para that Banks strategies resort to help debtor countries in short run .
D ..clear winner
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New post 07 Jul 2011, 03:54
My 3-2 split had landed me with D and E.. my question is - why not E?
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Re: Help! Kaplan 800 [#permalink]

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RohitKalla wrote:
My 3-2 split had landed me with D and E.. my question is - why not E?

Hi RohitKalla,

The problem with (E) is the word 'sacrifice.' Although the first paragraph tells us that the real interest rate used to fluctuate, but currently remains high, there is no language anywhere in the passage to suggest that this was an intentional, or even incidental, consequence of the solution to the debt crisis. Rather, it's the cause of the crisis--the paragraph discussing the solution, paragraph 3, makes no mention of Real Interest because it isn't of interest (pardon the pun) to the analysis of efforts to solve the problem.

Hope this helps!
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New post 10 Jul 2011, 08:12
I will go with E. what's the OA?
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New post 11 Jul 2011, 03:50
Thanks Eli. I got the point.
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Re: The debt crisis affecting many developing countries has had [#permalink]

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New post 19 Dec 2011, 04:55
I chose D.
I inferred from the term "provide little relief" that the benefit is only for a short term and has little or no effect in the long run. That is why D.

In E, the "sacrifice" takes the option to extremities. The banks are not "deliberately" sacrificing for short-term gains.
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Re: The debt crisis affecting many developing countries has had [#permalink]

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New post 31 Dec 2011, 22:53
I chose A as I thought it is an close contender.
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Re: The debt crisis affecting many developing countries has had [#permalink]

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New post 22 Apr 2012, 20:55
In D by are we referring to " long term growth" of debtor countries ?
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Re: The debt crisis affecting many developing countries has had [#permalink]

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New post 30 Apr 2012, 15:54
Can anyone please explain the logic behind choosing "D" ?
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Re: The debt crisis affecting many developing countries has had [#permalink]

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New post 30 Apr 2012, 18:25
I think the correct answer is D as it is clearly mentioned in the last para that methods adopted by the bank helps debtor countries only in short run .
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Re: The debt crisis affecting many developing countries has had [#permalink]

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New post 12 Jan 2016, 12:16
IMO D.

Please can any of the moderators please clear the air in terms of the answer?

souvik101990 chetan2u daagh carcass bb Narenn
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Re: The debt crisis affecting many developing countries has had [#permalink]

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New post 12 Jan 2016, 22:46
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hdwnkr wrote:
IMO D.

Please can any of the moderators please clear the air in terms of the answer?

souvik101990 chetan2u daagh carcass bb Narenn


Hi,
the present strategies have been discussed in last para and it states that..
Quote:
Present bank strategies deal with the debt crisis by extending the effective maturity of loans. Although any method that reduces the flow of resources from debtor countries will help in the short run, further lending promises little relief to the debt problem. So long as real interest rates remain high, developing countries will remain in debt.


The Q says that the present strategies are inadequate because ?..
WHAT HAS THE PARA TO SAY ABOUT IT?..
Although any method that reduces the flow of resources from debtor countries will help in the short run, further lending promises little relief to the debt problem..
so it clearly states that the strategies will be beneficial only for a short term..
this gives us a reason for the strategy's inadequacies...
and so , D becomes the right choice
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Re: The debt crisis affecting many developing countries has had   [#permalink] 12 Jan 2016, 22:46
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