To encourage an aggressive approach to loan modification, the FDIC plan would provide partial insurance against the losses stemming from borrower redefaults on modified loans and would also pay servicers $ for each loan they modify. An alternative program in this same category would have the government share the cost when the servicer reduces the borrower's monthly payment.
Small countries do not have the possibilities that large countries have of producing at home to substitute for imported goods to any meaningful extent, nor can they diversify their exports beyond a narrow compass.