External Shocks and the HIPC Initiative: Impacts on Growth and Poverty in Africa
These examples may contain rude words based on your search. These examples may contain colloquial words based on your search. Compendium on Debt Sustainability and Development The Union encouraged responsible borrowing and lending and use of the Debt Sustainability Framework by all borrowers and lenders. In order to detect emerging debt-related vulnerabilities and prevent unsustainable debt build-ups, IMF and IDA have recently adapted the existing Debt Sustainability Framework to the specific circumstances of low-income countries.
In , technical support activities for improving debt management strategies were further supplemented through regional workshops under the project "Capacity-building for Debt Sustainability in Developing Countries".
- Indium: Geology, Mineralogy, and Economics.
- Debt sustainability: Oasis or mirage? - Bretton Woods Project!
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Debt sustainability is crucial for long-term development. Work is under way to refine and enhance the Debt Sustainability Framework and ensure that it is comprehensive, practical, widely accepted and reasonably objective.
The software also includes the World Bank Debt Sustainability Model as part of a partnership agreement between the three organizations. He asked whether we should fix HIPC or fix the way that aid is channelled to countries. If cancellation, what kind of conditions?. The report finds that between and , there was a reverse transfer of resources from Africa to the industrialised countries. While acknowledging the role played by corruption and bad economic management, the authors highlight the role of cold war politics, exogenous shocks, commodity dependence, poorly designed reform programmes and the actions of creditors.
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Much of the debt was contracted under the guidance and close scrutiny of the Bank and the Fund. The report calls for a moratorium on debt servicing pending the institution of an independent panel of experts to assess the sustainability of debt based on a set of criteria including those of meeting the MDGs.
The panel should consider all public debt, since the HIPC initiative fails to consider domestic debt. Africa -- Commercial policy. UN Job no. UN sales no.
Economic Development in Africa : Debt Sustainability: Oasis or Mirage?
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Economic Development in Africa - Debt Sustainability: Oasis or Mirage? (Paperback)
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