External Debt Sustainability in HIPC Completion Point Countries : : An Update / / Jie Yang, Dan Nyberg

• Autore: Yang Jie
• Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2009
• Descrizione fisica: 1 online resource (22 p.)
• Soggetto topico: Debts, External - Developing countries; International finance; Investments: Commodities; Investments: Energy; Exports and Imports; Planning Models; Planning Policy; Trade: General; International Lending and Debt Problems; Agriculture: General; Energy: General; International economics; Investment & securities; Exports; Debt sustainability; Export diversification; Agricultural commodities; Oil; International trade; External debt; Commodities; Debts, External; Farm produce; Petroleum industry and trade
• Soggetto geografico: Ethiopia, The Federal Democratic Republic of
• Altri autori: NybergDan
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references.
• Nota di contenuto: 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)
• Sommario/riassunto: 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.
• Titolo autorizzato: External Debt Sustainability in HIPC Completion Point Countries
• ISBN: 1-4623-4467-4; 1-4527-6722-X; 9786612843426; 1-282-84342-7; 1-4518-7275-5
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910788333403321
• Lo trovi qui: Univ. Federico II
• Serie: IMF Working Papers; Working Paper ; ; No. 2009/128