Can Debt Relief Boost Growth in Poor Countries? - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Can Debt Relief Boost Growth in Poor Countries? write by International Monetary Fund. This book was released on 2005-09-09. Can Debt Relief Boost Growth in Poor Countries? available in PDF, EPUB and Kindle. The Heavily Indebted Poor Countries (HIPC) Initiative, launched in 1999 by the IMF and the World Bank, was the first coordinated effort by the international financial community to reduce the foreign debt of the world’s poorest countries. It was based on the theory that economic growth in heavily indebted poor countries was being stifled by heavy debt burdens, making it virtually impossible for these countries to escape poverty. However, most of the empirical research on the effects of debt on growth has lumped together a diverse group of countries, and the literature on the countries’ impact of debt on poor is scant. This pamphlet presents the findings of the authors’ empirical research into the subject, analyzing the channels through which debt affects growth in low-income countries.
Debt Relief for Poor Countries
Debt Relief for Poor Countries - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Debt Relief for Poor Countries write by T. Addison. This book was released on 2004-06-11. Debt Relief for Poor Countries available in PDF, EPUB and Kindle. After a massive international campaign calling attention to the development impact of foreign debt, the Heavily Indebted Poor Countries (HIPC) initiative is now underway. But will the HIPC Initiative meet its high expectations? Will debt relief substantially raise growth? How do we make sure that debt relief benefits poor people? And how can we ensure that poor countries do not become highly indebted again? These are some of the key policy issues covered in this rigorous and independent analysis of debt, development, and poverty.
Debt Relief for the Poorest Countries
Debt Relief for the Poorest Countries - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Debt Relief for the Poorest Countries write by Yiagadeesen Samy. This book was released on 2018-02-06. Debt Relief for the Poorest Countries available in PDF, EPUB and Kindle. The debt problems of poor countries are receiving unprecedented attention. Both federal and non-governmental organizations alike have been campaigning for debt forgiveness for poor countries. The governments of creditor nations responded to that challenge at a meeting sponsored by the G-7, International Monetary Fund, and World Bank, all of which upgraded debt relief as a policy priority. Their initiatives provided for generous interpretations of these nations' abilities to sustain debt, gave them opportunities to qualify for debt relief more rapidly, and linked debt relief to broader policies of poverty reduction. Despite this, the crisis has only deepened in the first years of the new millennium. This brilliant group of contributions assesses why this has occurred. In plain language, it considers why debt relief has been so long in coming for poor countries. It evaluates the cost of a persistent overhang in debt for those countries. It also examines, head on, whether enhanced debt relief initiatives offer a permanent exit from over-indebtedness, or are merely a short-term respite. Above all, this volume for the first time addresses the issues on the ground: that is, the views and opinions about debt relief on the part of leaders in advanced nations, and the probability of further support for the most impoverished lands. In this approach, the editors and contributors have made an explicit and successful attempt to be inclusive and relevant at all stages of the analysis. This volume covers the full range of the poorest countries, with contributions by John Serieux, Lykke Anderson and Osvaldo Nina, Befekadu Degefe, Ligia Maria Castro-Monge, and Peter B. Mijumbi. Collectively, they offer a sobering scenario: unless measures are put in place now, in anticipation of further crises, the future of the very poorest nations will remain bleak and troublesome.
Developing Countries
Developing Countries - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Developing Countries write by United States. General Accounting Office. This book was released on 2000. Developing Countries available in PDF, EPUB and Kindle.
Delivering on Debt Relief
Delivering on Debt Relief - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Delivering on Debt Relief write by Nancy Birdsall. This book was released on 2002-04-17. Delivering on Debt Relief available in PDF, EPUB and Kindle. 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?
