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Debt Relief [PDF]

open access: yes
The G-8 Multilateral Debt Relief Initiative (MDRI) is the next step of the Highly Indebted Poor Countries Initiative (HIPC). There are two reasons why MDRI is unlikely to help poor countries. First, the amount of money at stake is trivial. The roughly $2
Serkan Arslanalp, Peter Blair Henry
openaire   +2 more sources

21st Century Debt Relief [PDF]

open access: yes, 2001
Oxfam welcomes the IMF and the World Bank's drive to increase the number of countries receiving debt relief at the end of last year. 22 out of a possible 41 qualifying countries are now receiving debt relief - this is a good start.
Kirkbride, Mary, Culey, Carolyn
core   +1 more source

Is Debt Relief Efficient? [PDF]

open access: yes, 2007
When 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.
Arslanalp, Serkan, Henry, Peter
core   +2 more sources

Debt Relief under the HIPC Initiative: Context and Outlook for Debt Sustainability and Resource Flows [PDF]

open access: yes
Debt relief, External debt sustainability, HIPC Initiative, Poverty ...
Ross, Doris C., Abrego, Lisandro
core   +2 more sources

Who gets debt relief ? [PDF]

open access: yes
The authors use preliminary results from an ongoing effort to construct estimates of debt relief to study its allocation across a sample of 62 low-income countries.
Kraay, Aart, Chauvin, Nicolas Depetris
core  

Debt Relief: Still failing the poor [PDF]

open access: yes, 2001
Of the twenty-two countries receiving debt relief, three-quarters will be spending over ten per cent of government revenue on debt this year. Sixteen countries will be spending more on debt than on the health of their citizens, and ten will be spending ...

core   +1 more source

Passing the Buck on Debt Relief: How the failure of the private sector to cancel debts is fueling a crisis across the developing world [PDF]

open access: yes, 2020
The Covid-19 pandemic will not be defeated unless it’s defeated in all countries. In developing countries, where public health spending is often severely constrained, significant debt cancellation will be necessary to deal with the ...

core   +1 more source

Debt Relief and Changing Governance Structures in Developing Countries [PDF]

open access: yes
In this paper we empirically discuss the question whether or not debt relief in the past fifteen years has been economically rational. Analysing the determinants of debt relief our results suggest that governance quality did not play a role in the ...
Andreas Freytag, Gernot Pehnelt
core  

The fragile panacea of debt relief for developing countries [PDF]

open access: yes
The subject of debt relief for low income and highly indebted countries has risen to the fore of public debate in recent months. I review a brief history of major debt relief for low-income countries including the recent HIPC initiative and I discuss ...
Green, Keith
core  

Debt Relief: What Do the Markets Think? [PDF]

open access: yes
The stock market appreciates by an average of 60 percent in real dollar terms when countries announce debt relief agreements under the Brady Plan. In contrast, there is no significant increase in market value for a control group of countries that do not ...
Serkan Arslanalp, Peter Blair Henry
core  

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