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Record Nr. |
UNINA9910824408003321 |
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Titolo |
Debt relief and beyond : : lessons learned and challenges ahead / / edited by Carlos A. Primo Braga, Dorte Domeland |
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Pubbl/distr/stampa |
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Washington, D.C. : , : World Bank, , c2009 |
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ISBN |
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1-282-35577-5 |
9786612355776 |
0-8213-7875-9 |
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Descrizione fisica |
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xxii, 451 pages : illustrations ; ; 23 cm |
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Altri autori (Persone) |
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BragaCarlos Alberto Primo <1954-> |
DömelandDörte <1971-> |
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Disciplina |
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Soggetti |
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Debt relief - Developing countries |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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"This book is the outcome of a conference titled 'Debt relief and beyond: a World Bank conference on debt and development,' held in October 2008 at the World Bank in Washington, D.C."--Preface. |
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Nota di bibliografia |
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Includes bibliographical references and index. |
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Nota di contenuto |
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Contents; Preface; Acknowledgments; Contributors; Abbreviations; Introduction; Part I: Debt Relief; Boxes; Figures; Tables; Part II: Debt Sustainability; Part III: Odious Debt; Part IV: Debt Management; Index |
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Sommario/riassunto |
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The history of debt relief goes back several decades. It reveals that a country's accumulation of unsustainable debt stems from such factors as deficiencies in macroeconomic management, adverse terms-of-trade shocks, and poor governance. Debt-relief initiatives have provided debt-burdened countries with the opportunity for a fresh start, but whether the benefits of debt relief can be preserved depends on transformations in a country's policies and institutions.In 1996, the Heavily Indebted Poor Countries (HIPC) Initiative was launched as the first comprehensive, multilateral, debt-relief frame |
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