Series: IMF Working Papers
Author(s): Kamau Thugge , and Anthony Boote
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 1997
Keywords: External Debt, Heavily Indebted Poor Countries Initiative, stock-of-debt operation, debt reduction, debt relief, present value
The paper describes the debt burden of low-income countries and the traditional mechanisms that have been implemented by the international community to alleviate this burden. While these mechanisms are sufficient t...