LEADER 05151oam 22011174 450 001 9910788333403321 005 20230721045655.0 010 $a1-4623-4467-4 010 $a1-4527-6722-X 010 $a9786612843426 010 $a1-282-84342-7 010 $a1-4518-7275-5 035 $a(CKB)3170000000055283 035 $a(EBL)1608331 035 $a(SSID)ssj0000940800 035 $a(PQKBManifestationID)11547856 035 $a(PQKBTitleCode)TC0000940800 035 $a(PQKBWorkID)10955752 035 $a(PQKB)10624254 035 $a(OCoLC)680613659 035 $a(MiAaPQ)EBC1608331 035 $a(IMF)WPIEE2009128 035 $a(EXLCZ)993170000000055283 100 $a20020129d2009 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aExternal Debt Sustainability in HIPC Completion Point Countries : $eAn Update /$fJie Yang, Dan Nyberg 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2009. 215 $a1 online resource (22 p.) 225 1 $aIMF Working Papers 300 $aDescription based upon print version of record. 311 $a1-4519-1704-X 320 $aIncludes bibliographical references. 327 $aContents; 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) 327 $a5: 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) 330 3 $aDespite substantial debt relief to HIPC Initiative completion point countries, long-term debt sustainability remains a challenge. This paper examines a number of structural factors affecting external debt sustainability. It shows that in HIPC completion point countries (i) the export base broadly remains narrow; (ii) fiscal revenue mobilization lags behind in some countries; and (iii) policy and institutional frameworks are still relatively weak. Achieving and maintaining longterm debt sustainability in completion point countries will require continued structural reforms, timely donor support, and close monitoring of new non-concessional borrowing. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2009/128 606 $aDebts, External$zDeveloping countries 606 $aInternational finance 606 $aInvestments: Commodities$2imf 606 $aInvestments: Energy$2imf 606 $aExports and Imports$2imf 606 $aPlanning Models$2imf 606 $aPlanning Policy$2imf 606 $aTrade: General$2imf 606 $aInternational Lending and Debt Problems$2imf 606 $aAgriculture: General$2imf 606 $aEnergy: General$2imf 606 $aInternational economics$2imf 606 $aInvestment & securities$2imf 606 $aExports$2imf 606 $aDebt sustainability$2imf 606 $aExport diversification$2imf 606 $aAgricultural commodities$2imf 606 $aOil$2imf 606 $aInternational trade$2imf 606 $aExternal debt$2imf 606 $aCommodities$2imf 606 $aDebts, External$2imf 606 $aFarm produce$2imf 606 $aPetroleum industry and trade$2imf 607 $aEthiopia, The Federal Democratic Republic of$2imf 615 0$aDebts, External 615 0$aInternational finance. 615 7$aInvestments: Commodities 615 7$aInvestments: Energy 615 7$aExports and Imports 615 7$aPlanning Models 615 7$aPlanning Policy 615 7$aTrade: General 615 7$aInternational Lending and Debt Problems 615 7$aAgriculture: General 615 7$aEnergy: General 615 7$aInternational economics 615 7$aInvestment & securities 615 7$aExports 615 7$aDebt sustainability 615 7$aExport diversification 615 7$aAgricultural commodities 615 7$aOil 615 7$aInternational trade 615 7$aExternal debt 615 7$aCommodities 615 7$aDebts, External 615 7$aFarm produce 615 7$aPetroleum industry and trade 700 $aYang$b Jie$0859922 701 $aNyberg$b Dan$01472673 801 0$bDcWaIMF 906 $aBOOK 912 $a9910788333403321 996 $aExternal Debt Sustainability in HIPC Completion Point Countries$93685539 997 $aUNINA