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Irish Theological Quarterly, 2005
The external and internal causes of the present international debt crisis are analysed before the author takes up the moral issues involved in debt relief, which are somewhat more complex than is usually assumed in pubic discourse.
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The external and internal causes of the present international debt crisis are analysed before the author takes up the moral issues involved in debt relief, which are somewhat more complex than is usually assumed in pubic discourse.
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Is Debt Relief Efficient? [PDF]
SSRN Electronic Journal, 2003 ABSTRACTWhen developing countries announce debt relief agreements under the Brady Plan, their stock markets appreciate by an average of 60% in real dollar terms—a $42 billion increase in shareholder value. There is no significant stock market increase for a control group of countries that do not sign Brady agreements.
Serkan Arslanalp, Peter Blair Henry
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1991
This handbook, edited by Ke-young Chu and Richard Hemming, offers guidance to officials formulating public policy recommendations, so that the aggregate level of public spending conforms with the economy's overall resource capacity. The handbook looks at the impact of public spending on the efficiency of resource use and explores the basis for ...
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This handbook, edited by Ke-young Chu and Richard Hemming, offers guidance to officials formulating public policy recommendations, so that the aggregate level of public spending conforms with the economy's overall resource capacity. The handbook looks at the impact of public spending on the efficiency of resource use and explores the basis for ...
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2006
This study evaluates progress under the HIPC initiative since the 2003 evaluation of the Independent Evaluation Group. It finds that the Enhanced HIPC initiative (the Initiative for Heavily Indebted Poor Countries) cut debt ratios in half for 18 countries, but in eight of these countries, the ratios have come to once again exceed HIPC thresholds.
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This study evaluates progress under the HIPC initiative since the 2003 evaluation of the Independent Evaluation Group. It finds that the Enhanced HIPC initiative (the Initiative for Heavily Indebted Poor Countries) cut debt ratios in half for 18 countries, but in eight of these countries, the ratios have come to once again exceed HIPC thresholds.
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Conditionality and debt relief [PDF]
, 1989 Six years into the debt crisis, questions about the relevance of policy measures to alleviate the crisis still abound. Conditionality by international financial institutions and rescheduling by commercial creditors have been dismissed in favor of debt reduction as strategies for restoring the creditworthiness of heavily indebted countries.
Claessens, Stijn, Diwan, Ishac
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Unpleasant surprises? Debt relief and risk of sovereign default
Journal of Financial Economic Policy, 2023Johnson Worlanyo Ahiadorme
exaly
The political benefits of student loan debt relief
Research and Politics, 2023Mallory E Sorelle
exaly