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Can Debt Relief Boost Growth in Poor Countries?

Can Debt Relief Boost Growth in Poor Countries? »

Series: Economic Issues

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 September 2005

Language: Chinese

DOI: http://dx.doi.org/10.5089/9781589064676.051

ISBN: 9781589064676

Keywords: debt service, external debt, debt relief, foreign debt, budget deficits, public debt, debt overhang, stock of debt, debt-service, debt burdens

The Heavily Indebted Poor Countries (HIPC) Initiative, launched in 1999 by the IMF and the World Bank, was the first coordinated effort by the international financial community to reduce the foreign debt of the wor...