Question: How does the IMF relate to countries whose debt is not sustainable ?How does the design of the lending program differ from countries that will

How does the IMF relate to countries whose debt is not sustainable?How does the design of the lending program differ from countries that will be able to repay debt?What should the IMF in principle require prior to lending in these cases?On what basis might it make exceptions?Please discuss the political economy of the choice to grant exceptions.

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