Delivering on Debt Relief From IMF Gold to a New Aid Architecture

This study brings readers up to date on the complicated and controversial subject of debt relief for the poorest countries of the world. What has actually been achieved? Has debt relief provided truly additional resources to fight poverty? How will the design and timing of the "enhanced Heavily...

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Bibliographic Details
Main Author Nancy Birdsall, John Williamson, Brian Deese
Format eBook Book
LanguageEnglish
Published Washington Peterson Institute for International Economics 2002
Edition1
SeriesPeterson Institute Press: All Books
Subjects
Debt relief
Debts, External
Developing countries
Loans, Foreign
Structural adjustment (Economic policy)
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Summary:This study brings readers up to date on the complicated and controversial subject of debt relief for the poorest countries of the world. What has actually been achieved? Has debt relief provided truly additional resources to fight poverty? How will the design and timing of the "enhanced Heavily Indebted Poor Country (HIPC) initiative" affect the development prospects of the world's poorest countries and their people? The study then moves on to address several broader policy questions: Is debt relief a step toward more efficient and equitable government spending, building better institutions, and attracting productive private investment in the poorest countries? Who pays for debt relief? Is there a case for further relief? Most important, how can the case for debt relief be sustained in a broader effort to combat poverty in the poorest countries?
ISBN:9780881324457
0881324450
9780881323313
0881323314