05151oam 22011174 450 991078833340332120230721045655.01-4623-4467-41-4527-6722-X97866128434261-282-84342-71-4518-7275-5(CKB)3170000000055283(EBL)1608331(SSID)ssj0000940800(PQKBManifestationID)11547856(PQKBTitleCode)TC0000940800(PQKBWorkID)10955752(PQKB)10624254(OCoLC)680613659(MiAaPQ)EBC1608331(IMF)WPIEE2009128(EXLCZ)99317000000005528320020129d2009 uf 0engur|n|---|||||txtccrExternal Debt Sustainability in HIPC Completion Point Countries : An Update /Jie Yang, Dan NybergWashington, D.C. :International Monetary Fund,2009.1 online resource (22 p.)IMF Working PapersDescription based upon print version of record.1-4519-1704-X Includes bibliographical references.Contents; I. Introduction; II. Cross-Country Comparisons of Macroeconomic Performance; III. Structural Differences Among HIPC Completion Point Countries; A. Export Diversification; B. Fiscal Revenue Mobilization; C. Governance; IV. Concluding Remarks; Reference; Figures; 1: Macroeconomic Stability and Growth in PRGF Countries by Country Groupings; 2a: Aggregate Net Transfers by Country Groupings; 2b: Aggregate Net Transfers by Country Groupings (in percent); 3: Macroeconomic Stability and Growth in HIPC Completion Point Countries.; 4: Revenue-to-GDP Ratio by Country Groupings (in percent)5: Average CPIA Index for PRGF Countries6: KKM Governance Indicators for PRGF Countries; Tables; 1: Country Groupings (status as of end-September 2008); 2: HI Thresholds for a Country's Degree of Export Diversification; 3: Export Diversification by Country Groupings; 4: Share of Top 1 Commodity Export in Total Export by Country Groupings; 5: Revenue-to-GDP Ratio in HIPC Completion Point Countries, 1992-2006 (in percent)Despite substantial debt relief to HIPC Initiative completion point countries, long-term debt sustainability remains a challenge. This paper examines a number of structural factors affecting external debt sustainability. It shows that in HIPC completion point countries (i) the export base broadly remains narrow; (ii) fiscal revenue mobilization lags behind in some countries; and (iii) policy and institutional frameworks are still relatively weak. Achieving and maintaining longterm debt sustainability in completion point countries will require continued structural reforms, timely donor support, and close monitoring of new non-concessional borrowing.IMF Working Papers; Working Paper ;No. 2009/128Debts, ExternalDeveloping countriesInternational financeInvestments: CommoditiesimfInvestments: EnergyimfExports and ImportsimfPlanning ModelsimfPlanning PolicyimfTrade: GeneralimfInternational Lending and Debt ProblemsimfAgriculture: GeneralimfEnergy: GeneralimfInternational economicsimfInvestment & securitiesimfExportsimfDebt sustainabilityimfExport diversificationimfAgricultural commoditiesimfOilimfInternational tradeimfExternal debtimfCommoditiesimfDebts, ExternalimfFarm produceimfPetroleum industry and tradeimfEthiopia, The Federal Democratic Republic ofimfDebts, ExternalInternational finance.Investments: CommoditiesInvestments: EnergyExports and ImportsPlanning ModelsPlanning PolicyTrade: GeneralInternational Lending and Debt ProblemsAgriculture: GeneralEnergy: GeneralInternational economicsInvestment & securitiesExportsDebt sustainabilityExport diversificationAgricultural commoditiesOilInternational tradeExternal debtCommoditiesDebts, ExternalFarm producePetroleum industry and tradeYang Jie859922Nyberg Dan1472673DcWaIMFBOOK9910788333403321External Debt Sustainability in HIPC Completion Point Countries3685539UNINA