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Book | Leiden University catalogue | WorldCat |
Title: | Debt relief for the poorest countries |
Editors: | Serieux, John E. Samy, Yiagadeesen |
Year: | 2003 |
Pages: | 262 |
Language: | English |
City of publisher: | New Brunswick, NJ |
Publisher: | Transaction Publishers |
ISBN: | 0765801612 |
Geographic terms: | developing countries Ethiopia Mali Uganda |
Subject: | external debt |
Abstract: | Despite the unprecedented attention given to the debt problems of heavily indebted poor countries (HIPCs), the debt crisis has only deepened in the first years of the new millennium. The essays in this volume assess why this has occurred. They consider why debt relief has been so long in coming for poor countries, evaluate the cost of a persistent overhang in debt for those countries, and examine whether enhanced debt relief initiatives offer a permanent exit from over-indebtedness, or are merely a short-term respite. The study contains case studies of five HIPCs, including three African countries - Ethiopia (Befekadu Degefe), Mali (Massa Coulibaly, Amadou Diarra and Skoro Keita, chapter in French), and Uganda (Peter B. Mijumbi). The country studies suggest that, as a net flow, HIPC debt relief is relatively minor when compared, for instance, with recent aid levels. [ASC Leiden abstract] |