LEADER 02231nam 2200397 450 001 9910138009103321 005 20230226080116.0 035 $a(CKB)3230000000015863 035 $a(NjHacI)993230000000015863 035 $a(EXLCZ)993230000000015863 100 $a20230226d1992 uy 0 101 0 $afre 135 $aur||||||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 12$aL'alle?gement de la dette au Club de Paris $eLes e?volutions re?centes en perspective /$fAnn Vourc'h 210 1$aParis, France :$cOECD Publishing,$d1992. 215 $a1 online resource (57 pages) $cillustrations 225 0 $aOECD Development Centre Working Papers 330 $aWhat does the Paris Club do for debtor countries, and more particularly for the poorest of them? Set up to ease the liquidity constraints of a country experiencing payment problems, by rescheduling its debt with the creditor governments, the Paris Club has frequently had to intervene since the beginning of the debt crisis. Since the Toronto Summit of June 1988 it has also been playing the role of aid provider for the poorest debtor countries. After describing the functioning of the Paris Club in part one, the study goes on to evaluate the extent and role of the liquidity provided by the Club throughout the 1980s in part two. An initial finding is that the sums rescheduled through its action were very much greater than those lent over the same period by the creditor governments comprising the Club. Through focusing on selected African countries, the paper then shows that the main role of the liquidity created has been to avoid these countries' accumulating massive arrears and being cut. 517 $aL'allégement de la dette au Club de Paris 606 $aDebt relief 606 $aDebt relief$zDeveloping countries 607 $aFrance$zParis 607 $aDeveloping Countries 615 0$aDebt relief. 615 0$aDebt relief 676 $a332.02402 700 $aVourc'h$b Ann$01287161 801 0$bNjHacI 801 1$bNjHacl 906 $aDOCUMENT 912 $a9910138009103321 996 $aL'alle?gement de la dette au Club de Paris$93035926 997 $aUNINA