UID:
edoccha_9958114492202883
Format:
xv, 77 pages :
,
illustrations ;
,
28 cm.
Edition:
1st ed.
ISBN:
1-280-50354-8
,
9786610503544
,
0-8213-6657-2
Series Statement:
Independent evaluation studies
Content:
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.
Note:
Description based upon print version of record.
,
Contents; 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
,
English
Additional Edition:
ISBN 0-8213-6656-4
Language:
English
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