Debt Relief Initiatives

Debt Relief Initiatives

Policy Design and Outcomes

Presbitero, Andrea F.; Arnone, Marco

Taylor & Francis Ltd

11/2010

300

Dura

Inglês

9780754677420

15 a 20 dias

Analyzes the design and the implementation of the Heavily Indebted Poor Countries (HIPC) Initiative, by pointing out its main drawbacks and suggesting a different approach to debt sustainability and debt relief programs.
Contents: Foreword, Nancy Birdsall; Preface, Ugo Panizza; Introduction; Part 1 Multilateral Initiatives and External Debt Sustainability: Overview; The Heavily Indebted Poor Countries and the Multilateral Debt Relief initiatives: description and issues; External debt sustainability: theory, approaches and limitations. Part 2 HIPCS/LICS and Macroeconomic Management: the Role of Domestic Debt: Overview; Domestic debt in developing countries; The relevance of domestic debt in HIPCs; Domestic debt and debt sustainability. Part 3 External Debt a3nd Macroeconomic Performance: Overview; External debt and growth: mixed evidence; External debt and growth: an empirical investigation; An ex-post evaluation of debt relief. Part 4 The Challenges Ahead: Overview; The global economic and financial crisis and the HIPCs; Some proposals for a comprehensive approach to debt sustainability and debt relief; Afterword, Aart Kraay; Bibliography; Index.
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