Delivering on Debt Relief : From IMF Gold to a New Aid Architecture

Cover -- Contents -- Foreword -- Preface -- Chapter 1 Introduction -- Group A versus Group B -- Expanding Debt Relief -- Reinventing the Aid Architecture -- Appendix 1.1 Ten Questions about Debt and Debt Relief -- Chapter 2 The HIPC Initiative: Background and Critiques -- The Heavily Indebted Poor Countries -- Recent Debt Relief Initiatives -- The Enhanced HIPC Framework -- Critiques of the Enhanced HIPC Initiative -- Chapter 3 The Case for More -- Debt Sustainability -- The Millennium Development Goals -- Chapter 4 What Form of More? -- Political Resonance -- Additionality -- Redistribution -- Efficiency -- Country Selectivity -- Summary -- Chapter 5 Deepening and Extending Debt Reduction -- Deeper Relief -- Making More Countries Eligible -- A Contingency Facility -- Financing More Debt Relief -- Chapter 6 A New Aid Architecture -- The HIPC Procedure -- Grants, Not Just Loans -- Incremental Proposals to Increase Donor Accountability -- Donor Incentives for Selectivity -- Exploiting Multilateralism: The Common Pool -- Sovereign Debt: Building on the HIPC Initiative -- Chapter 7 Conclusions -- Whether to Extend More Debt Relief -- How to Extend the HIPC Initiative -- Cost of the Extensions -- Toward a New Aid Architecture -- Appendix A Multilateral Institutions Participating in the HIPC Initiative -- Appendix B Countries Classified by Income -- Appendix C Odious Debt -- Democratic Republic of Congo (Zaire) -- Kenya -- Nicaragua -- Pakistan -- Uganda -- References -- Glossary -- Index.