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" Debt Relief for the Poorest : "
Document Type
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BL
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Record Number
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1034604
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Doc. No
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b788974
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Main Entry
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Lala, Shonar,1973-
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Title & Author
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Debt Relief for the Poorest : : an Evaluation Update of the HIPC Initiative.
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Publication Statement
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Washington, D.C. :: World Bank,, 2006.
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Page. NO
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1 online resource (xv, 77 pages) :: illustrations
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ISBN
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082135521X
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: 0821366564
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: 0821366572
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: 9780821355213
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: 9780821366561
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: 9780821366578
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Notes
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"World Bank Independent Evaluation Group."
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Authors from acknowledgements.
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Bibliographies/Indexes
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Includes bibliographical references (pages 75-77).
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Contents
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Acknowledgments; Foreword; Executive Summary; Acronyms and Abbreviations; 1 Introduction; Tables; Boxes; 2 Delivery of Debt Relief; Figures; 3 Prospects for Debt Sustainability; 4 Policy Performance and Poverty Reduction; 5 Findings; Appendixes; Endnotes; References.
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Abstract
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This study evaluates progress under the HIPC initiative since IEG's 2003 evaluation. It finds that the Enhanced HIPC initiative cut debt ratios in half for 18 countries, but in eight of these countries, the ratios have come to once again exceed HIPC thresholds. Debt reduction alone is not a sufficient instrument to affect the multiple drivers of debt sustainability. Sustained improvements in export diversification, fiscal management, the terms of new financing, and public debt management are also needed, measures that fall outside the ambit of the HIPC initiative.
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Subject
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Debt relief-- Developing countries.
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Subject
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Debts, External-- Developing countries.
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Subject
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BUSINESS ECONOMICS-- Public Finance.
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Subject
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Debt relief.
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Subject
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Debts, External.
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Subject
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Developing countries.
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Dewey Classification
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336.3/6
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LC Classification
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HJ8899.L344 2006
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Added Entry
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Libresco, Brett.
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Ranganathan, Rupa.
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Added Entry
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World Bank., Independent Evaluation Group.
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