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Речь идет о следующем: Sometimes folded into the discussion of odious debts and sometimes kept separate is the issue of financing governmental regimes that are for one reason or another viewed as distasteful. The argument here is that any commercial relationship with such a regime tends to give it legitimacy and prolongs its regrettable tenure in office. The loan does not have to be misappropriated in order to offend against this principle; the borrowing government need only be pursuing policies that the condemner finds offensive. The classic example is the financings extended to the apartheid regime in South Africa.
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