The Baker plan (1985) stressed _______ and the Brady Plan (1989) emphasized _______ respectively?

• A. IMF decentralization; World Bank dissolution
• B. new loans from multilateral agencies and surplus countries; debt reduction or write-downs
• C. structural adjustment loans for LDCs experiencing unanticipated external shocks; renewed emphases on macroeconomic stabilization programs
• D. debt relief for at leas three-fourths of the eligible HIPCs; shorter requirements for adjustment programs