Hidden Bibliographic Details
| Other authors / contributors: | Ross, Doris C.
International Monetary Fund. Policy Development and Review Department.
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| ISBN: | 1451901593
9781451901597
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| Notes: | Includes bibliographical references (page 46).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
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| Summary: | Annotation This paper discusses the Heavily Indebted Poor Countries (HIPC) Initiative in the perspective of sizable historical debt relief and large positive net resource flows to HIPCs. It argues that, by substantially reducing HIPCs debt stocks and debt service payments, the Initiative provides a solid basis for debt sustainability and room for increased social spending. for poverty reduction, HIPC relief is important but broader international support is needed. the paper maintains that, as experience has shown, external support can be effective only if it reinforces sound policies implemented by HIPCs themselves. Thus, debt relief and official development assistance are critical as help for self-help.
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| Other form: | Print version: Abrego, Lisandro. Debt relief under the HIPC Initiative. [Washington, D.C.] : International Monetary Fund, Office of Executive Directors, ©2001
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| Standard no.: | 10.5089/9781451901597.001
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