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Debt relief for poor countries (HIPC): progress through March 2003 - a factsheet
International Monetary Fund, 2003The International Monetary Fund (IMF) and the World Bank have approved debt-reduction packages for 26 countries, 22 of them in Africa, under the enhanced Initiative for the Heavily-Indebted Poor Countries (HIPC). These packages will provide nominal debt service relief of about $41 billion ($25 billion in net present value terms).DocumentThe composition of sovereign debt: a description
Central European University, Hungary, 2003Who has access to cheaper forms of borrowing: AAA-rated US corporations or developing countries?DocumentEast Asian financial cooperation: an assessment of the rationales
Thailand Development Research Institute, 2003East Asian countries have made significant progress in financial cooperation since the financial crisis that started in Thailand in 1997, but what is the rationales for financial cooperation among East Asian economies?DocumentEconomic reform for structural adjustment in Ghana - reality or mirage?
id21 Development Research Reporting Service, 2002Ghana has been widely cited as a notable front runner in adopting structural adjustment reforms to boost national solvency. Structural adjustment involved curbing public spending by means such as deregulating and privatising formerly State- run services. The programme, started in the 1980s, initially appeared to have a positive impact.DocumentAfter adjustment. How economic change impacted on food security in rural Nicaragua
id21 Development Research Reporting Service, 2002Structural adjustment in Nicaragua began in 1988 in the wake of a major economic crisis. The package of adjustment measures included restrictions on government credits for farmers and removal of controls on food prices and crop tariffs. Growing signs of poverty and food insecurity have since emerged in rural communities.DocumentMaking debt relief work: the heavily indebted poor countries initiative
id21 Development Research Reporting Service, 2002The Heavily Indebted Poor Countries (HIPC) initiative adopted by the International Monetary Fund (IMF) and the World Bank in October 1996, looked like a significant step towards ending the debt crisis that has crippled the economies of the world's poorest countries.DocumentOrderly debt workouts: ways of coping with the morning after financial crises
id21 Development Research Reporting Service, 2002The Asian crisis has relaunched fierce debate about managing financial crises and the search for a third alternative to bailouts and inaction. Proposed rescue packages for Thailand, Indonesia, and South Korea have been criticized for aggravating moral hazard. Investors saved from losses by multilateral intervention will again be encouraged to disregard the risks of investing in emerging markets.DocumentGhana's governance sea-change: can structural adjustment programmes advance civil service reforms?
id21 Development Research Reporting Service, 2002How do structural adjustment programmes (SAPs) impact on civil service reforms? The study reported here examined this question in the case of Ghana , one of Africa's pioneer adjusters and often cited as a test case for adjustment programmes supported by the WorldBank/IMF in Africa.DocumentPoverty reduction in the Americas: on course to deliver debt relief?
id21 Development Research Reporting Service, 2002Now that Bolivia, Guyana, Honduras and Nicaragua have prepared full Poverty Reduction Strategy Papers (PRSPs), they hope that follow-on Poverty Reduction Growth Facilities (PRGFs) will relieve their debt burdens. Is this likely to happen? Is the PRSP process locally owned? Can states and civil society be helped to negotiate as equals with the international financial institutions (IFIs)?DocumentStructural adjustment - pro or anti-poor?
id21 Development Research Reporting Service, 2002Zimbabwe is one of the ideological battlegrounds for proponents and opponents of structural adjustment. But what has been the impact of adjustment on rural life? In the 1990s did conditions improve or worsen for critical parts of the Zimbabwean economy - the informal sector and Communal Area households?Pages
