Changing Patterns in Low-Income Country Financing and Implications for Fund Policies on External Financing and Debt »
Series: Policy Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 26 February 2009
Keywords: Debt, Debt management, Debt sustainability, External debt, External financing, Fund policies, Low-income developing countries, Domestic debt, External debt limits, Access to international capital markets
Low-income countries (LICs) face significant challenges in meeting their development objectives while maintaining a sustainable debt position. The international community's main answer to this dilemma has been to p...