1.

Record Nr.

UNINA9910785379703321

Autore

Arnone Marco

Titolo

Debt relief initiatives [[electronic resource] ] : policy design and outcomes / / Marco Arnone, Andrea F. Presbitero

Pubbl/distr/stampa

Burlington, VT, : Ashgate, c2010

ISBN

1-315-57606-6

1-317-15415-0

1-317-15414-2

1-282-88053-5

9786612880537

0-7546-9473-9

Descrizione fisica

1 online resource (300 p.)

Collana

Global finance

Altri autori (Persone)

PresbiteroAndrea F

Disciplina

336.3/435091724

Soggetti

Debts, External - Developing countries

Debt relief - Developing countries

Debts, Public - Developing countries

Developing countries Economic conditions

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Cover; Contents; List of Figures; List of Boxes; List of Tables; About the Authors; Foreword; Preface; Authors' Note; List of Abbreviations; Introduction; Part 1 Multilateral Initiatives and External Debt Sustainability; 1 The Heavily Indebted Poor Countries and the Multilateral Debt Relief Initiatives: Description and Issues; 2 External Debt Sustainability: Theory, Approaches and Limitations; Part 2 HIPCs/LICs and Macroeconomic Management: The Role of Domestic Debt; 3 Domestic Debt in Developing Countries; 4 The Relevance of Domestic Debt in HIPCs; 5 Domestic Debt and Debt Sustainability

Part 3 External Debt and Macroeconomic Performance6 External Debt and Growth: Mixed Evidence; 7 External Debt and Growth: An Empirical Investigation; 8 An Ex-Post Evaluation of Debt Relief; Part 4 The Challenges Ahead; 9 The Global Economic and Financial Crisis and the HIPCs; 10 Some Proposals for a Comprehensive Approach to Debt Sustainability and Debt Relief; Afterword; Bibliography; Index



Sommario/riassunto

Arnone and Presbitero analyze the design and the implementation of the Heavily Indebted Poor Countries (HIPC) Initiative, by pointing out its main drawbacks and suggesting a different approach to debt sustainability and debt relief programs.