The debt sustainability framework for low-income countries / Bergljot Bjørnson Barkbu, Christian Beddies, and Marie-Hélène Le Manchec.

Yazar:Barkbu, Bergljot.
Katkıda bulunan(lar):Beddies, Christian H | Le Manchec, Marie-Hélène | International Monetary Fund.
Materyal türü: materyalTürEtiketiKitapSeri kaydı: Occasional paper (International Monetary Fund): 266.Yayıncı: Washington, D.C. : International Monetary Fund, 2008Tanım: vii, 42 p. : ill. ; 28 cm.ISBN: 9781589067929 (pbk.); 1589067924 (pbk.).Konu(lar): Debts, External -- Developing countries | Dış borçlar -- Gelişmekte olan ülkelerDDC sınıflandırma: 336.36
Kısmi içerik:
Overview -- What is debt sustainability and why does it matter? -- The low-income country debt sustainability framework -- The use of the debt sustainability framework by borrowers and lenders -- Concluding remarks.
Özet: Low-income countries continue to face significant challenges in meeting their vast development needs while maintaining a sustainable debt position, even after many of these countries have benefited from substantial debt relief. These challenges are further exacerbated by changes in the financial landscape, including the emergence of new creditors and investors, the use of more complex financing vehicles, and the development of domestic markets. The joint World Bank/IMF debt sustainability framework is well placed to help address these challenges and reduce the risks of renewed episodes of debt distress. This paper explains the analytical underpinnings of the framework and the means to ensure its full effectiveness.--Publisher's description.
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Materyal türü Geçerli yer Yer numarası Durum İade tarihi Barkod
Kitap Kitap SESRIC Library
Rafta
336.36 BAR 2008 (Rafa gözat) Kullanılabilir 101003986

Includes bibliographical references (p. 40).

Overview -- What is debt sustainability and why does it matter? -- The low-income country debt sustainability framework -- The use of the debt sustainability framework by borrowers and lenders -- Concluding remarks.

Low-income countries continue to face significant challenges in meeting their vast development needs while maintaining a sustainable debt position, even after many of these countries have benefited from substantial debt relief. These challenges are further exacerbated by changes in the financial landscape, including the emergence of new creditors and investors, the use of more complex financing vehicles, and the development of domestic markets. The joint World Bank/IMF debt sustainability framework is well placed to help address these challenges and reduce the risks of renewed episodes of debt distress. This paper explains the analytical underpinnings of the framework and the means to ensure its full effectiveness.--Publisher's description.

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