That reduced the effective burden of the South American country's debt by around 15% at little cost: soon afterwards it was borrowing again in international markets.

这种方式以一种较小的成本减少了南美国家大约15%的有效负担：后来乌拉圭很快又在国际市场上借贷。

youdao

An increased focus on debt relief and making development aid more effective are part of the story.

重视债务减免和提高援助效益是其中部分内容。

youdao

We are taking effective measures to fend off debt, financial and other potential risks.

我们正在采取有效措施防范债务、金融等潜在风险。

youdao

That would be the greatest reduction in effective government debt in world history.

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Instead, they would ultimately eliminate the unfunded liability of Social Security entirely, which would be the biggest reduction in effective government debt in world history.

FORBES: Gingrich Schools Santorum And Romney On Social Security

Though there is little to indicate that households behave in this way in general, there is evidence that when governments are heavily in debt fiscal stimulus becomes less effective, and investors' and consumers' confidence can deteriorate suddenly.

ECONOMIST: Tightening economic policy