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Searching with a thematic focus on Aid and debt, Debt, Debt and HIPC, Finance policy
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Managing an economy in a HIPC-constrained environment
Centre for Policy Analysis, Ghana, 2005Drawing on the particular example of Ghana, this paper examines the processes and issues of the Highly Indebted Poor Country Initiative (HIPC).DocumentEnhanced HIPC initiative: possible options regarding the sunset clause
International Development Association, 2004The paper examines the so-called sunset clause, which has been included in the HIPC Initiative to prevent it from becoming a permanent facility. The clause has been extended three times and is now due to take effect at end-2004.DocumentTreacherous conditions: how IMF and World Bank policies tied to debt relief are undermining development
World Development Movement, 2003This report analyses recent initiatives for debt relief led by the World Bank and the IMF, such as the Highly Indebted Poor Countries (HIPC) initiative, and the conditionalities associated to them.DocumentAn alternative approach to debt cancellation and new borrowing for Africa
UN Economic Commission for Africa, 2003This paper critically analyses the HIPC Initiative and its effects on debt sustainability and the recipient countries’ capacity to achieve the Millennium Development Goals.DocumentA critical assessment of existing debt proposals
UN Economic Commission for Africa, 2003This paper investigates some of the key issues related to the assessment of sustainability and practices aimed at enhancing external debt sustainability in Sub-Saharan Africa.Conclusions include:debt sustainability should be assessed by looking at many indicators simultaneously and comparing them against empirically determined critical values adjusted to account for country specific-facDocumentRealignment of debt service obligations and ability to pay in concessional lending: feasibility and modalities
HIPC Progress to Date, World Bank, 2003This paper studies schemes which have the potential to increase the flexibility of heavily indebted primary producing countries in meeting their debt service obligations by making debt service repayments contingent on the world prices of the commodities they export.DocumentDebt relief and fiscal sustainability
UN Economic Commission for Africa, 2002This paper analyses the relationship between fiscal policy, aggregate public sector debt sustainability, and debt relief. It develops a methodology to compute the fiscal policy path that is compatible with aggregate debt sustainability in the post-HIPC era.DocumentReal Progress Report on HIPC
Jubilee Research, 2003This New Economics Foundation report is intended to shadow the official World Bank and IMF annual HIPC Status of Implementation Report, and states that it examines questions that the official HIPC reports do not, including:how much debt has actually been cancelled?are creditors really sharing the burden of debt relief under the HIPC initiative?is HIPC debt relief enough to aDocumentHIPC initiative: the IMF’s response to critics
International Monetary Fund, 1998This document provides a list of IMF’s responses to the most common critics to the HIPCs Initiative.DocumentA joint submission to the World Bank and IMF Review of HIPC and Debt Sustainability
Catholic Fund for Overseas Development, 2002Urges that a clear link be established between MDGs, the HIPC review, and the sustainability of debt relief. It reccommends a series of steps to mobilise necessary financial flows, and proposes that the World Bank and IMF and their shareholders ought to radically alter the way in which debt relief is calculated and provided.Pages
